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Emcore

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business1 month ago•1 min saved

Trump Blocks Chip Deals Over National Security Concerns

President Trump blocked the $3 million acquisition of Emcore's assets by Chinese-controlled HieFo, citing national security and China-related concerns, and ordered HieFo to divest its interests within 180 days.

via CNBC|

#business #china #emcore

world1 month ago•2 min saved

Trump halts Chinese chip deals over national security concerns

President Donald Trump blocked the $3 million acquisition of Emcore's assets by Chinese-controlled HieFo Corp, citing national security and China-related concerns, and ordered HieFo to divest its interests within 180 days, amid ongoing US-China trade tensions.

via Reuters|

#china #emcore #hiefo-corp