Trump orders $2.9 million chip deal undone over national security concerns

bostonherald.com

President Trump ordered the cancellation of a $2.9 million computer chip deal due to national security concerns. The deal involved Emcore Corp. selling its chip operations to HieFo Corp., which Trump alleges is controlled by a Chinese citizen. Trump has given HieFo 180 days to divest the technology, citing credible evidence of foreign control.


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