Infineon bets on autos with $1 bln Malaysian plant
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German electronic chipmaker Infineon will invest $1 billion to build a new plant in Malaysia making non-memory chips, it said on Wednesday, as it bets it can make more profits with chips used in cars and ...
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WASHINGTON -- German chipmaker Infineon (Quote, Chart) has agreed to plead guilty and pay a $160 million fine for participating in what the Department of Justice (DOJ) calls an international price-fixing conspiracy in the memory chip market.
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Swedish car firm Volvo is to buy Japan's Nissan Diesel Motor for $1.1bn, to expand in Asia.
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Truckmaker AB Volvo offered to buy Japan's Nissan Diesel for 7.5 billion kronor ($1.1 billion) in a deal to boost its presence in Asia and prepare for tougher emissions standards.
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Automaker will team with SoCal utility to announce on Monday plans for "plug-in" hybrid vehicle technology.
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German-American auto maker DaimlerChrysler AG said Thursday it will invest $210 million to update an assembly plant in the northern Mexican state of Coahuila.
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German computer chipmaker Infineon Technologies AG has agreed to plead guilty to price fixing and will pay a $160 million fine, the Justice Department announced yesterday.
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TORONTO - Ford Motor Co. is reported to be on the verge of announcing a $1-billion investment at its plant in Oakville, Ont. The company has decided to build a flexible manufacturing plant at the site, the Toronto Star reported Friday.
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OAKVILLE, ONT. - Ford Motor Co. plans a new $1-billion project to build a flexible manufacturing plant at its facility in Oakville.
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Hyundai Motor Co. , South Korea's top auto maker, said on Tuesday it plans to invest $270 million to build an engine plant at its U.S. car making unit in Alabama to serve growing demand in the world's No.1 auto market.
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Taiwanese chipmaker Promos Technologies Inc. has agreed to pay $156 million to Germany's Infineon Technologies AG to settle a legal dispute and extend a licensing agreement for chip technology.
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Toyota, Japan's biggest automaker, plans  to invest some 100 billion yen ($830 million) to build a sport  utility vehicle plant in Mississippi, the Nikkei business daily  said on Tuesday.
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Infineon, Europe&#39;s second-largest chipmaker, yesterday announced that it would invest $1bn in a new plant in Malaysia in a move to boost its capacities for making chips used in the automotive industry.
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MG Rover Group Ltd., the last British volume carmaker, is ``confident&#39;&#39; it will sign a 1 billion-pound ($1.86 billion) investment agreement with Shanghai Automotive Industry Corp.
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Renault-Nissan head Carlos Ghosn on Saturday signed a deal to build an assembly plant here, with a planned investment of one billion euros (1.36 billion dollars) and final capacity of 400,000 vehicles.
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Finnish-Swedish telecommunications group TeliaSonera revealed on Wednesday a plan to buy back 1.1 billion euros worth of shares.
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The chip giant offers a $1m prize  to evolve the traditional PC into something more stylish.