Infineon scraps agreement to take stake in US firm Finisar
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German semi-conductors giant Infineon said it had decided to scrap a deal to take a stake US firm Finisar Corp and was considering taking legal action to reclaim damages as a result of the delays and foot-dragging in the transaction.
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Finisar Corporation (NASDAQ: FNSR), a technology leader in gigabit fiber optic solutions for high-speed data networks, has scheduled the release of its preliminary fiscal fourth quarter financial results for the period ended April 30, 2007, at the close of market on Tuesday, June 12, 2007.
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Intel Corp. is scrapping plans to enter the digital television chip business, marking a retreat from a major component of its consumer electronics initiative.
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The world&#39;s largest chipmaker, which has had product delays, manufacturing snafus and canceled the 4-GHz version of Pentium 4, has now axed its plans to build chips for big-screen, high-definition TV sets.
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Infineon Technologies AG agreed to plead guilty to fixing prices for digital memory chips and pay a $160 million criminal fine, the third largest US antitrust enforcement penalty, the Justice Department said.
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Nasdaq  said it erred in releasing a statement earlier on Friday that said the U.S. government cleared a deal giving Dubai's state-owned stock exchange a minority stake in Nasdaq.
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MGIC Investment Corporation and the Radian Group, scrapped their merger plan on Wednesday, the latest casualty of the turmoil in mortgage markets.
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WASHINGTON : German microchip giant Infineon Technologies agreed to plead guilty and to pay a 160 million dollar fine for participating in &quot;an international conspiracy to fix prices&quot; US officials said.
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Business & money: Deal forced to be scrapped as the fallout from the sub-prime markets continues to spread
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German semiconductor manufacturer  Infineon  said on Tuesday it signed an agreement to  develop a new multi-mode, single-chip 3G radio frequency (RF)  transceiver based on its own SMARTi UE chip.
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General Electric pulls out of an $8bn deal to buy the diagnostics arm of medical firm Abbott Laboratories.
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German microchip maker, Infineon Technologies, has been fined $160m in the US after pleading guilty to price fixing.
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German microchip giant Infineon Technologies agreed to plead guilty and to pay a 160 million dollar fine for participating in &quot;an international conspiracy to fix prices,&quot; US officials said.
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Mortgage insurer MGIC Investment Corp  scrapped plans on Wednesday to acquire rival Radian Group Inc , as the takeover became the latest casualty of turmoil in U.S. mortgage markets.
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Infineon Technologies AG (FSE/NYSE: IFX) announced today that it has reached an agreement with the United States Department of Justice - Antitrust Division - (DoJ) to plead guilty to a single and limited charge related to the violation of US antitrust
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The German semiconductor maker Infineon has settled a technology transfer dispute with former Taiwanese partner ProMOS Technologies, Infineon revealed.
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Computer chip maker Infineon Technologies AG posted a 10 percent drop in net profit for the fourth quarter after taking large charges to cover potential civil claims from U.S. and European antitrust actions, the company said Tuesday.