Semiconductor Manufacturer
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Ordered to divest all EMCORE assets within 180 days
Trump's January 2026 order forcing HieFo Corporation to unwind its $2.92 million purchase of EMCORE's indium phosphide chip business reaches its 180-day deadline in early July 2026. HieFo (controlled by Chinese national Genzao Zhang) has filed weekly compliance certifications to CFIUS. It must fully divest the California semiconductor facility, intellectual property, and military chip operations it acquired in April 2024.
Updated Jun 13
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