![]() 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. CVCF is a Chinese corporation owned by Chinese state- owned entities that manages industrial investments and venture capital. otherwise restricted from sale over terms up to four years at a grant. "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. Lattice Semiconductor Corporation designs, develops and markets high performance. "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. Sign up for our newsletter to get the latest on the transformative forces shaping the global economy, delivered every Thursday. 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. Lattice Semiconductor Corporation (LSCC): Free Stock Analysis Report. ![]() "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. Analysts polled by FactSet had expected earnings of. "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.Trump reached this decision upon consideration of the appropriate factors and a review of a recommendation from the Committee on Foreign Investment in the US. 00:00 The Hillsboro, Ore.-based company late Monday said it earned an adjusted 49 cents a share on sales of 176 million in the December quarter. Trump made the decision under Defense Production Act which authorises him to suspend or prohibit certain acquisitions that result in foreign control of an American business if he concludes, among other things, that there is credible evidence that the foreign interest exercising control might take action that threatens to impair the national security of the US, Sanders said. The industry enjoyed a record growth spurt as a confluence of unusual events led to a golden age for. Trump reached this decision upon consideration of the appropriate factors and a review of a recommendation from the Committee on Foreign Investment in the US. Decemat 9:17 AM 8 min read 2021 was a tremendous year for semiconductor stocks. The order directed the companies to take all steps to drop the proposed USD 1.3 billion deal within 30 days, Sanders said.ĬVCF is a Chinese corporation owned by Chinese state-owned entities that manages industrial investments and venture capital. White House Press Secretary Sarah Sanders said that the President’s order prohibits the acquisition of Lattice Semiconductor Corporation (Lattice) by, among others, China Venture Capital Fund Corporation Limited (CVCF).
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