News
Trump blocks chipmaker merger, citing national security risk
SOURCE:The Hill|BY:Julia Manchester
President Trump signed an executive order Friday blocking a semiconductor deal between HieFo Corp. and Emcore Corp., citing national security concerns related to China. “There is credible evidence that leads me to believe that HieFo Corporation, a company organized under the laws of Delaware (HieFo) and controlled by a citizen of the People’s Republic of…
President Trump signed an executive order on Friday blocking a semiconductor deal between HieFo Corp. and EMCORE Corp., citing national security concerns related to China. “There is credible evidence that leads me to believe that HieFo Corporation, a company organized under the laws of Delaware (HieFo) and controlled by a citizen of the People’s Republic…