[Trump Blocks Hiefo Corp.'s Acquisition Of Emcore's Assets On National Security Grounds] President Donald Trump Has Blocked Hiefo Corp.'s Acquisition Of Semiconductor-related Assets From Emcore Corp. The Order Cites National Security Concerns Regarding Hiefo, A Delaware-based Company Controlled By A Chinese Citizen, And Its Acquisition Of Emcore's Digital Chips And Related Wafer Design, Fabrication, And Processing Businesses. The Companies Announced In 2024 That They Had Completed A $2.92 Million Deal For Emcore's Chips Business And Indium Phosphide Wafer Fabrication Operations. Hiefo Has 180 Days To Divest These Assets Unless Granted An Extension By The Committee On Foreign Investment In The United States.

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