Synopsys, Cadence can Export to China

Semiconductor software firms Synopsys and Cadence stated the US government has lifted its export ban on chip-design software to China

Nvidia chips might make it right back to the US instead of taking the long road from India

Quick overview

  • The US government has lifted its export ban on chip-design software to China, allowing companies to restore access.
  • Synopsys and Cadence are both working to reinstate access to their software products in compliance with US export laws.
  • The reversal of restrictions was confirmed by the US Bureau of Industry and Security, impacting several semiconductor software firms.
  • Other affected companies include Siemens EDA and Amer, which also need to secure licenses for exports to China.

Semiconductor software firms Synopsys and Cadence stated the US government has lifted its export ban on chip-design software to China. In a statement, the California-based software company said, “Synopsys is working to restore access to the recently restricted products in China.”.

Cadence, its competitor, attested to the reversal of the export restrictions by the US Bureau of Industry and Security, which is part of the Department of Commerce. According to a Cadence representative, “We are in the process of restoring access to our software and technology to affected customers in compliance with US export laws.”

According to reports, on May 23, the US informed several chip design software companies that they needed to secure licenses before exporting products to China, including semiconductor chemicals and software. Siemens EDA and Amer are among the other software providers affected by the prohibition.

ABOUT THE AUTHOR See More
Olumide Adesina
Financial Market Writer
Olumide Adesina is a French-born Nigerian financial writer. He tracks the financial markets with over 15 years of working experience in investment trading.

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