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due to U.S. security concerns. That same year, Infineon acquired the Dutch firm Innoluce, a specialist in MEMS and Lidar systems for use in autonomous cars. During 2017, it joined the recently-created 5G Automotive Association. In March 2018, Infineon sold its RF Power Business Unit to the US firm Cree Inc. in exchange for EUR345 million. Infineon announced in June 2019 that it would acquire Cypress Semiconductor

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