From Newsgroup: alt.politics.usa
https://www.newsnationnow.com/politics/trump-blocks-chipmaker-merger-citing-national-security-risk/
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.
rCLThere 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 PeoplerCOs
Republic of ChinarCamight take action that threatens to impair
the national security of the United States,rCY Trump said in
the order.
HieFo is based in Delaware while EMCORE is based in New Jersey.
Dr. Genzao Zhang is HieforCOs CEO and cofounder.
TrumprCOs executive order blocks HieFo from acquiring rCLthe
assets comprising the digital chips and related wafer
design, fabrication, and processing businesses of EMCORE.rCY
. . .
The national security aspects ARE getting more
and more critical. Did you see what China did
all around Taiwan a few days ago ?
Apparently the tech in question is the kind of exotic
Indium Phosphide chips.
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