Rotten Company

Infineon Technologies AG Rotten Score Breakdown

💼Corporate Misconduct

Rotten to the core

Avg Rating: 5.00Ratings: 1Severity Score: 12.00Evidence Count: 2Contribution: 60.0 pts
Misconduct: low 0 · medium 0 · high 2
Remediation: low 0 · medium 0 · high 0ⓘ cap: 25%
Infineon Fined €82.9 Million in EU Smart-Card Chips Cartel
In September 2014, the European Commission found that Infineon Technologies AG participated in a cartel involving smart-card chips. The Commission concluded that participating semiconductor companies coordinated market behaviour through exchanges of sensitive commercial information. Infineon received a mitigating reduction but was still fined €82.874 million. The case concerned smart-card chips used in products such as SIM cards, bank cards and identity cards. Source: EUR-Lex / European Commission https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52017XC0127(01)
Infineon Pleaded Guilty and Paid $160 Million for DRAM Price Fixing
In October 2004, Infineon Technologies AG pleaded guilty in the United States to participating in an international conspiracy to fix prices for dynamic random access memory, or DRAM. The U.S. Department of Justice charged that the conspiracy ran from 1 July 1999 through 15 June 2002 and affected DRAM sold to major computer and server manufacturers. Infineon agreed to cooperate with the government's continuing investigation and was sentenced to pay a $160 million criminal fine. The Justice Department said it was then the third-largest criminal antitrust fine imposed on a corporation. Source: U.S. Department of Justice https://www.justice.gov/archive/opa/pr/2004/September/04_at_621.htm
📰Human Rights & Exploitation

No documented evidence

Avg Rating: Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
🎭Fraud & Corruption

No documented evidence

Avg Rating: Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
🧪Deceptive Practices

No documented evidence

Avg Rating: Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
🚨Environmental Harm

No documented evidence

Avg Rating: Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
🌱Sustainability Deception

No documented evidence

Avg Rating: Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
💸Workplace Misconduct

No documented evidence

Avg Rating: Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
⚠️Financial Misconduct

No documented evidence

Avg Rating: Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts