Infineon will only get 33-pct stake in US firm Finisar
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German semi-conductors giant Infineon said it would receive a smaller stake than originally envisaged in US firm Finisar Corp in exchange for the German group's fibre optics business.
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EUROPE&#39;s biggest chipmaker, Infineon, rocked the technology world today as profits fell e100m (Â£70m) short of analysts&#39; expectations.
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Germany's Infineon Technologies AG   won a deal to supply Mastercard Inc  with  chips for contactless payment cards which are being introduced  in 13 countries, Infineon said in a statement on Friday.
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Infineon, the German semi-conductors giant, has said that it still intended to reduce its shareholding in its memory chip subsidiary Qimonda to a minority stake in the medium term.
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AMD said Friday that it would invest $7.5 million in Transmeta in order to support its work in developing efficiency technology for microprocessors. In turn for cash infusion, AMD would receive preferred stock in the company.
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Memory chip maker Infineon Technologies yesterday pled guilty to breaching US antitrust laws for price fixing in its dynamic random access memory (or DRAM) chip business.
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Nasdaq Stock Market Inc  has  given potential suitors until the end of the week to express  interest in its 31 percent stake in the London Stock Exchange  Group Plc  but has not yet received any offers, the Wall  Street Journal reported.
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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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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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Increased demand for memory chips used in computers, portable media players, and other consumer electronic devices helped Infineon TechnologiesÂ offset a first-quarter drop in sales in the German chip maker's communications products.
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Orbis Investment Management Ltd. said  that Citigroup's $10.8 billion bid for Nikko Cordial Corp.  (8603.T) is too low, joining a chorus of shareholders that  separately control about 25 percent of the troubled Japanese  brokerage's shares.
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U.S. investment fund Perry Capital has  offered to buy an additional 25 percent stake in ailing  Japanese chip maker NEC Electronics Corp. (6723.T) for 154  billion yen ($1.27 billion), a source close to the matter said  on Wednesday.
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Germany&#39;s Deutsche Boerse said Thursday it has declined to bid for a 31-percent stake in the London Stock Exchange being sold by the US high-tech market Nasdaq.
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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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(InfoWorld) - U.S. government antitrust regulators have asked Intel Corp. and STMicroelectronics NV to provide more information about theirÂ plan to spin off their flash memory unit into a new company, the vendors said Thursday. The U.S. Federal Trade Commission made the request as part of its regulatory review in an effort to ensure the deal does not violate antitrust laws, according to Intel. If FTC investigators approve the terms, Intel and ST will be able to close the deal after a 30-day waiting period, the company said. "These kinds of transactions are reviewed by the FTC and it's not unusual for them to come back and ask for more information," said Intel spokesman Tom Beermann. Intel plans to comply with the request, but gave no deadline for providing the new information. "As part of the regulatory review, they do look at antitrust issues. This is a fairly complicated deal because there are three partners and there are different types of technology, and it is a fairly large deal," Beermann said. Intel and STMicroelectronics will share ownership of the new semiconductor business with ST holding a 48.6 percent stake, Intel owning 45.1 percent and private equity firm Francisco Partners LP holding 6.3 percent. The new company will be based in Switzerland and incorporated in the Netherlands. It will compete against flash vendors including Samsung Electronics Co. Ltd., Toshiba Corp. and Spansion Inc. Intel's main chip rival AMD spun off its flash unit in December 2005 to create Spansion. Intel and ST announced plans for the new business in May and expect it to employ about 8,000 staff. They will make NOR and NAND-type flash chips, which are typically used for storing data in consumer and industrial products such as cell phones, MP3 music players and digital cameras. Intel has struggled for years to make a profit from its flash business, and earlier in May said it would lay off as many as 1,000 workers when it closed an outdated flash plant in New Mexico. A spokeswoman for ST said the company also planned to comply with the FTC request, but would not confirm whether it was related to antitrust concerns. "We will provide all the information they need. The FTC needs it by the second half of 2007," said ST spokeswoman Carol Brown. "This is just part of the approval process." Â
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Advanced Micro Devices will receive preferred shares in exchange for its investment in company whose financial performance has fallen lately.
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TORONTO (CP) - Rogers Communications Inc. said Monday it will pay $1.77 billion in cash for the 34 per cent stake in cellphone subsidiary Rogers Wireless owned by longtime US partner AT&amp;T Wireless Services Inc.