{"id":103303,"date":"2026-01-04T16:23:08","date_gmt":"2026-01-04T16:23:08","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/trump-blocks-chips-deal-cites-security-china-related-concerns-the-express-tribune\/"},"modified":"2026-01-04T16:23:08","modified_gmt":"2026-01-04T16:23:08","slug":"trump-blocks-chips-deal-cites-security-china-related-concerns-the-express-tribune","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/trump-blocks-chips-deal-cites-security-china-related-concerns-the-express-tribune\/","title":{"rendered":"Trump blocks chips deal, cites security, China-related concerns | The Express Tribune"},"content":{"rendered":"<p>Emcore says HieFo bought its chips and wafer operations for $2.92M, later taken private<\/p>\n<p>A central processing unit semiconductor chip is displayed among flags of China and US, in this illustration picture taken February 17, 2023. PHOTO: REUTERS   <\/p>\n<div id=\"\">\n<p>President Donald Trump on Friday blocked US photonics firm HieFo Corp&#8217;s $3 million acquisition of assets in New Jersey-based aerospace and defense specialist Emcore, citing national security and China-related concerns.<\/p>\n<p>In an order, released by the White House, Trump said HieFo was &#8220;controlled by a citizen of the People&#8217;s Republic of China&#8221; and that its 2024 acquisition of Emcore&#8217;s businesses led the president to believe that it may &#8220;take action that threatens to impair the national security of the United States.&#8221;<\/p>\n<p>The order did not name the individual or detail Trump&#8217;s concerns.<\/p>\n<p>&#8220;The Transaction is hereby prohibited,&#8221; Trump said, ordering HieFo to &#8220;divest all interests and rights in the Emcore Assets, wherever located,&#8221; within 180 days.<\/p>\n<p>The Committee on Foreign Investment in the United States identified a national security risk, in its investigation of the deal, the Treasury Department said after Trump&#8217;s order. The statement did not specify the national security risk.<\/p>\n<p>HieFo and Emcore could not immediately be reached for comment and had not posted any reaction on their websites as of late on Friday.<\/p>\n<p><strong>Read More:<\/strong>\u00a0<a rel=\"nofollow\" href=\"https:\/\/tribune.com.pk\/story\/2584667\/meta-buys-china-founded-ai-agent-manus\">Meta buys China-founded AI agent Manus<\/a><\/p>\n<p>Emcore, publicly traded at the time of the deal and later taken private, has said HieFo bought its chips business and indium-phosphide wafer-fabrication operations for $2.92 million.<\/p>\n<p>HieFo said at the time that it was co-founded by Genzao Zhang, a former Emcore vice president of engineering, and Harry Moore, whose LinkedIn profile describes him as a former senior sales director at Emcore.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Emcore says HieFo bought its chips and wafer operations for $2.92M, later taken private A central processing unit semiconductor chip is displayed among flags of China and US, in this illustration picture taken February 17, 2023. PHOTO: REUTERS President Donald Trump on Friday blocked US photonics firm HieFo Corp&#8217;s $3 million acquisition of assets in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":103304,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/i.tribune.com.pk\/media\/images\/chip-ezgif-com-avif-to-jpg-converter1767471468-0\/chip-ezgif-com-avif-to-jpg-converter1767471468-0-640x480.webp","fifu_image_alt":"","footnotes":""},"categories":[8],"tags":[],"class_list":["post-103303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/103303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=103303"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/103303\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/103304"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=103303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=103303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=103303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}