A federal panel that reviews foreign investment in the United States for possible security threats ruled against
Chinese companies are on a global buying spree to acquire technology and brands. Most acquisitions in the United States and Europe go through without incident, but some purchases of high-tech companies have prompted criticism they might represent security threats or the loss of important national assets.
"Credible evidence leads me to believe" the buyers of Lattice "might take action that threatens to impair the national security of the United States," Trump said in his order .
A statement from the White House press secretary cited the importance of "semiconductor supply chain integrity" to U.S. security, the Chinese government's role in supporting the transaction and the potential transfer of intellectual property to a foreign buyer.
Trump has expressed concern about the status of U.S. manufacturing and its ability to meet national security needs. In July, he issued an order for a review to be led by the Defense Department. He also has asked the Commerce Department to look into whether to raise tariffs on imported steel on national security grounds.
Following Trump's announcement, Lattice said it was canceling the proposed sale.
Read more at: https://phys.org/news/2017-09-trump-blocks-chinese-semiconductor-maker.html#jCp
