Infineon posts $69.6 million loss due to antitrust-related charge

Article Abstract:

Europe's second largest semiconductor maker Infineon Technologies AG reported a net loss for the third quarter. The company would have posted a profit had it not needed to make financial provisions to cover antitrust investigations into its dynamic random access memory business, as well as numerous class action lawsuits it is currently facing in the U.S.

United States, Semiconductors and related devices, Europe, Legal issues & crime, Financial management, Computer and Office Equipment, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Antitrust Law, Legal/Government Regulation, Computer industry, Company legal issue, Cases, Investigations, Unfair competition (Commerce), Unfair competition, Price fixing, Antitrust issue, Company financing, Dynamic random access memory, DRAM (Dynamic random access memory), DRAM, Dynamic cell, Computer hardware industry

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Infineon loss widened in period

Article Abstract:

Infineon Technologies AG posted a higher than expected loss for the fiscal second quarter ending March 31, 2003. The company posted a quarterly loss of 328 million euros, compared to 108 million euros in the year-before period.

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Infineon posts wider net loss despite memory-chip gains

Article Abstract:

Infineon Technologies AG posted a higher net loss of 116 million euros for the fiscal third quarter ending June 30, 2003. The company posted 76 million euros in net losses for the same 2002 period.

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