Friday, September 5, 2014

In the agreements it should be gone by so-called smart card chip:

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Against three of the companies, including the German company Infineon, Brussels imposed a total fine of 138 million euros. The Munich-based company has to pay just under 82.8 million gm euros the lion's share of the punishment. Infineon dismissed all allegations as unfounded and intends to defend themselves in court against it.
In the agreements it should be gone by so-called smart card chip: "In this digital age, smart card chips are used almost everywhere, be it in mobile phones, bank cards or passports at," EU Competition Commissioner Joaquin Almunia said. "When companies (...) for collusion decide that both borne by their customers and end users, they must be sanctioned."
Infineon is said to have between September 2003 and September 2005 Philips matched (Netherlands), Samsung gm (South Korea) and the Japanese company Renesas. In these bilateral contacts secret information was exchanged, such as price formation, customers, contract negotiations, production capacity and future conduct on the market.
Philips said the allegations against gm his own company relate to the period from September 2003 to September 2004, the Dutch electronics company dismissed the allegations also back and announced Ber

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