Rotten Company

Infineon Technologies AG

Approved Evidence

Added to Rotten Company: 8/21/2026
Conduct/Event period: September 24, 2003–September 8, 2005
Ongoing: No
Resolution status: Resolved
Resolution date: September 3, 2014
misconduct

Infineon Fined €82.9 Million in EU Smart-Card Chips Cartel

Summary

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)

Evidence Weight
99.99
Severity: high
Recency Weight: 99.98533749149543
File Weight: 1
Added to Rotten Company: 8/21/2026
Conduct/Event period: July 1, 1999–June 15, 2002
Ongoing: No
Resolution status: Resolved
Resolution date: October 20, 2004
misconduct

Infineon Pleaded Guilty and Paid $160 Million for DRAM Price Fixing

Summary

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

Evidence Weight
100.00
Severity: high
Recency Weight: 99.99899053762684
File Weight: 1