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Trump move to block chipmaker deal bad for America - Xinhua [Reuters]

LATTICE SEMICONDUCTOR (LSCC)  More Company Research Source: Reuters
Last lattice semiconductor earnings: 7/26 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: latticesemi.com/about/investorrelations.aspx
PDF Trump move to block chipmaker deal bad for America - Xinhua | Reuters Reuters Staff 2 Min Read SHANGHAI (Reuters) - U.S. President Donald Trump’s decision to block a Chinese-backed firm from buying a U.S.-based chipmaker this week is detrimental to America’s growth and the global economy, China’s state news agency Xinhua said in a commentary on Saturday. Canyon Bridge Capital Partners’ planned $1.3 billion acquisition of Lattice Semiconductor Corp was one of the largest attempted by a Chinese-backed firm in the U.S. microchip sector and was the first announced deal for the buyout fund, which launched last year with a focus on technology investment. U.S. regulatory scrutiny grew after Reuters reported in November that Canyon Bridge was funded partly by capital from China’s central government and had indirect links to its space program. Trump said in an executive order on Wednesday that Lattice and Canyon Bridge “shall take all steps necessary to fully and permanently abandon the propos [Read more]

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