A company controlled by a Chinese national was ordered by U.S. President Donald Trump on Friday to unwind a $2.9 million acquisition of chip assets from a U.S. manufacturer, citing national security … [+2416 chars]
Trump orders Chinese-controlled firm to unwind chip asset deal, citing national security risks - CNBC
A Chinese-controlled company must divest semiconductor assets it bought from Emcore after the White House said the deal could threaten U.S. national security.
By:Victor Loh
Source:CNBC
Published:
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