<div><p>German semi-conductor group Infineon posted Friday a heavy quarterly loss and announced the elimination of 3,000 jobs.</p><p>"It will be necessary to reduce headcount by a gross figure of approximately 3,000 employees," a company statement said.</p><p>"This figure refers to ...
<div><p>German semi-conductor group Infineon posted a sharp quarterly loss on Friday and announced the loss of 3,000 jobs.</p><p>"It will be necessary to reduce headcount by a gross figure of approximately 3,000 employees," a company statement said.</p><p>"This figure refers ...
<div id="subtitle">Shares of Germany's Infineon surge as company seeks permission for capital increase</div><div><p>Semiconductor maker Infineon Technologies AG said Monday it will seek shareholders' permission to raise as much as euro450 million ($625 million) in capital by issuing new shares — a move ...
<div><p>Troubled German chipmaker Qimonda filed for insolvency protection Friday after talks to secure additional rescue funding collapsed, a court spokeswoman in Munich said.</p><p>The company in December secured a 325-million-euro (450-million-dollar) rescue package from the German state of Saxony, the federal government and ...
<div><p>German chipmaker Qimonda, in dire straits even before the global economy hit the skids, filed for insolvency on Friday after last-ditch talks to secure a state-led rescue failed.</p><p>The heavily loss-making firm, one of Europe's few remaining chipmakers, threw in the towel after ...
<div id="subtitle">German chipmaker Qimonda declares bankruptcy a month after getting bailout package</div><div><p>German memory-chip maker Qimonda AG declared bankruptcy Friday, saying a rescue package of loans agreed last month was insufficient to keep it viable.</p><p>Qimonda said a massive drop in ...
<div id="subtitle">German memory chip maker Qimonda in talks with potential investors, bankruptcy possible</div><div><p>Qimonda AG, the memory chip company majority owned by Infineon Technologies AG, said Monday it may face bankruptcy if it fails to find new investors or the cash needed to ...
<div id="subtitle">Hit by write-down on Qimonda stake, lower chip prices, Infineon Technologies' posts $969M loss</div><div><p>German semiconductor maker Infineon Technologies AG said Wednesday that a write-down on its stake in Qimonda and lower chip prices on the global market combined to widen its ...
<div id="subtitle">German memory chip maker Infineon rejects euro150 million bailout offer from state of Saxony</div><div><p>Technology company Infineon AG on Tuesday rejected an offer from the German state of Saxony to help it bailout its memory chip unit Qimonda AG, but said that ...
<div id="subtitle">Troubled German memory-chip maker Qimonda secures rescue package of euro325 million in loans</div><div><p>Troubled memory-chip maker Qimonda AG on Sunday secured a rescue package of euro325 million ($452 million) in loans from a German regional government, parent company Infineon and a Portuguese ...
