US chip firm Cohu tries to block rival Xcerra's sale to China fund

US chip firm Cohu tries to block rival Xcerra's sale to China fund

Chinese 100 yuan banknotes and a U.S. one dollar banknote are seen in this file picture illustration taken in Beijing, China, January 21, 2016. REUTERS/Jason Lee/Files

U.S. semiconductor testing company Cohu Inc is trying to block the sale of rival Xcerra Corp to a Chinese government-controlled fund citing national security concerns, the Wall Street Journal reported on Tuesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter