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Trump blocks sale of US chipmaker Lattice to China firm

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Published Thu, Sep 14, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

New York

US PRESIDENT Donald Trump blocked a Chinese-backed private equity firm from buying a US chipmaker, sending a clear signal to Beijing that Washington will oppose deals that involve technologies with potential military applications.

Canyon Bridge Capital Partners' planned US$1.3 billion acquisition of Lattice Semiconductor Corp was one of the largest attempted by a Chinese-backed firm in the US chip sector and was the first announced deal for the Palo Alto-based firm, which launched last year with a focus on technology investments.

Private equity

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