Manufacturing Industry
The ongoing probe of computer chipmakers has taken its financial toll.(Price Fixing News)(Brief Article)
Purchasing, September, 2004
The ongoing probe of computer chipmakers has taken its financial toll. U.S. officials are currently looking into whether Infineon worked with other chipmakers Samsung, Micron Technology, and Hynix Semiconductor to fix prices on the spot market. The European Commission in April 2003 opened an inquiry into practices in the market.
German firm Infineon reported an unexpected quarterly loss after increasing the amount in a fund for possible fines from $35 million to $263 million.
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