Word: infineon
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Dates: during 2000-2009
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...luxury destination seems far-fetched, you obviously haven't attended a race recently. A new Nielsen Sports survey shows wine consumption among NASCAR fans is up 22% from last year. Fans can now buy wine in the grandstands, and this year tracks are offering special wine programs - tastings at Infineon Raceway in Sonoma, an exclusive lounge at Phoenix International Raceway where anywhere from $1,900 to $4,000 gets you a great view, gourmet foods, and, of course, wine. And at California Speedway in southern California, a new Wolfgang Puck restaurant with an extensive wine list. The NASCAR-tied vintages...
...Business As Usual German business has always had a spotless reputation for moral probity. Lately, however, a succession of corruption scandals has dented the country's corporate self-image. In June and July, fraud and bribery charges were leveled against top executives at carmaker Volkswagen and at Infineon, Europe's second largest computer-chip maker. Now another iconic national brand, BMW, is making unsavory headlines. Last week, one of the firm's sales managers was arrested on allegations of taking up to $100,000 in bribes from an east German supplier for funneling orders its way. So far, the executive...
...INDICATORS Erasing A Bad Memory German chipmaker Infineon Technologies was fined $160 million after pleading guilty in the U.S. to fixing the price of memory chips between...
...Being a chief executive officer these days is a bit like being on a reality-TV show: no one knows who will get voted out next. In the past month alone, London-based SSL International, maker of Durex condoms and Scholl foot products, replaced its CEO. German tech company Infineon unexpectedly lost its blunt-speaking CEO, Ulrich Schumacher. He said he was leaving for "personal reasons," but it's clear that the board and shareholders were dissatisfied with the company's performance. An interim chief, Max Dietrich Kley, now runs the company. A revolt by French shareholders...
...auto-driven race to capitalize on new growth, which European semiconductor manufacturer is best poised to win? Europe's biggest semiconductor manufacturers - STMicroelectronics and Infineon - are ranked fourth and seventh in the world respectively. Each company is pursuing a different strategy. Infineon is determined to maintain a range of products from the highly cyclical drams - a computer chip that acts as a temporary storage depot for data while the computer performs a task - to "logic" chips used in devices such as mobile phones. Meanwhile, Schumacher hopes to offset the downturn in the dram cycle by being strong in logic chips...