Trump blocks Chinese-backed HieFo’s acquisition of US chip assets

A Chinese-controlled company can’t keep the American semiconductor technology it bought, according to a White House decision released Friday. Officials say the deal threatens national security. The government is forcing HieFo Corp. , a Delaware-based business, to give back chip assets it purchased from Emcore. A Chinese citizen set up HieFo and controls it, which officials […] source: https://www.cryptopolitan.com/trump-blocks-chinese-backed-hiefos-acquisition-of-us-chip-assets/