U.S. President Donald Trump on Wednesday blocked a Chinese government-financed firm’s acquisition of an Oregon semiconductor maker on national security grounds.
A federal panel that reviews foreign investment in the United States for possible security threats ruled against the proposed $1.3 billion purchase of Lattice Semiconductor last week. The deal has been under scrutiny since it became clear the buyer, Canyon Bridge Capital Partners, is funded by the Chinese government. Continue reading “Trump blocks Chinese purchase of US semiconductor maker”