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Federal panel recommends rejecting Lattice Semiconductor’s sale to Chinese investors

September 2, 2017 /

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President Donald Trump should reject or suspend Lattice Semiconductor’s pending, $1.3 billion sale to a China-backed investment firm, a federal panel has concluded, dealing the longshot deal a potentially fatal blow.

However, the Portland-based company said Friday it continues to hold out hope the panel or the president will reach a different conclusion. Sources familiar with the deal say Lattice’s board had voted to take up the issue directly with Trump.

by Mike Rogoway

[email protected]

The Oregonian/OregonLiv

http://www.oregonlive.com/silicon-forest/index.ssf/2017/09/federal_panel_recommends_rejec.html#incart_river_index

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