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Ericsson in talks with Infineon for chip unit

STOCKHOLM, Sweden—Telecom gear maker Ericsson AB has confirmed that it is in talks with German chipmaker Infineon over a possible sale of or partnership with Ericsson’s microelectronics unit.

Ericsson’s microelectronics unit, which the Swedish company has described as a non-core business, has annual sales of about $236.3 million.

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