Trump Blocks Chinese Firm's US Chip Asset Purchase
Update: 2026-01-03
Description
President Trump blocks Chinese-owned HieFos $2.9M chip acquisition, citing national security risks. HieFo, a Delaware-based company with Chinese ownership, purchased Emcores digital chips business, including a California plant. Officials fear intellectual property and supply chain risks, leading to a CFIUS review and mandatory asset sale. Checkout Solipillow.com
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