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White House·Statement

Trump Orders Chinese-Linked Firm to Divest EMCORE Chip Assets Within 180 Days

Regarding the Acquisition of Certain Assets of EMCORE Corporation by HieFo Corporation

2 months ago·View on Federal Register

Key Points

  • Trump blocks a Chinese-controlled company from owning key EMCORE chip-making assets, citing national security risks.
  • The company must sell off all rights to those chip and wafer design and manufacturing assets within 180 days, unless the government extends it.
  • Until the sale is done, the company can’t share non-public technical details or give outsiders access to the systems, records, or U.S. facilities tied to the assets.
  • The government can inspect records and technology systems and interview employees to make sure the company follows the order, at the company’s expense.
  • Any attempt to dodge the rules—like shifting assets around to get around the sale requirement—is banned, and the Justice Department can enforce it.
National SecurityTechnologyTrade

Source Information

Document Type

White House Statement

Official Title

Regarding the Acquisition of Certain Assets of EMCORE Corporation by HieFo Corporation

Analysis generated by AI. Always verify with official sources.