CHINA/TRADE DEALS/TRUMP EXEC ORDERS: ” ‘Proposed Acquisition of Lattice Semiconductor Corporation by China Venture Capital Fund Corporation Limited’
The order bars a Chinese-backed venture capital firm from purchasing an American semiconductor company.
Trump acted in accordance with a recommendation from the Committee on Foreign Investment in the United States (CFIUS), who determined the proposed takeover of the Lattice Semiconductor Corporation by an investment group linked to the Chinese government threatened national security interests. Lattice produces integrated circuits that could conceivably have military applications. In describing the risk, CFIUS cited the transfer of intellectual property, the Chinese government’s role in the deal, the importance of domestic semiconductor supply chain integrity, and the previous use of Lattice products by the US Government as the main factors in their decision.”
-Avalon Zoppo, Amanda Proenca Santos, and Jackson Hudgins, “Here’s the Full List of Donald Trump’s Executive Orders,” NBC News, Oct 17, 2017 11:58am