![]() This cookie policy explains how and why cookies and other similar technologies may be stored on and accessed from your device when you use or visit websites that posts a link to this Policy (collectively, “the sites”). understands that your privacy is important to you and we are committed for being transparent about the technologies we use. Check Business Breaking News Live on Zee Business Twitter and Facebook. Get Latest Business News, Stock Market Updates and Videos Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. ![]() (This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.) Lattice's primary semiconductor product lines are programmable logic devices, which are general purpose semiconductors that customers can program to provide functionality similar to chips that are designed and produced for specific applications. Lattice is a publicly traded company headquartered in Oregon that manufactures semiconductors for the consumer, communications, and industrial markets. "The national security risk posed by the transaction relates to, among other things, the potential transfer of intellectual property to the foreign acquirer, the Chinese government's role in supporting this transaction, the importance of semiconductor supply chain integrity to the US government, and the use of Lattice products by the US government," Mnuchin said.ĬVCF is a Chinese corporation owned by Chinese state- owned entities that manages industrial investments and venture capital. ![]() "CFIUS and the President assess that the transaction poses a risk to the national security of the US that cannot be resolved through mitigation," Mnuchin said. He is also chairman of Committee on Foreign Investment in the United States (CFIUS). The US Treasury Secretary Steven Mnuchin welcomed the presidential decision. In his order Trump said there is "credible evidence" that leads him to believe that this acquisition might result in action that threatens to impair the national security of the US. "The national-security risk posed by the transaction relates to, among other things, the potential transfer of intellectual property to the foreign acquirer, the Chinese government's role in supporting this transaction, the importance of semiconductor supply chain integrity to the US government, and the use of Lattice products by the United States government," Sanders said.
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