Smart card producers Samsung Electronics, Philips and Infineon were fined €138 million (about US$181 million) by the European Commission on Wednesday for forming a cartel. Renesas, also part of the cartel, escaped a fine by revealing the existence of the cartel.
Infineon - News, Features, and Slideshows
German semiconductor company Infineon on Friday said it would lay off 3,000 employees as part of a cost-reduction program to bring the company back to profitability.
An investigation into possible anticompetitive behaviour in the flat-panel display market has widened with four more big vendors saying they had been contacted by investigators.