
Cadence, the semiconductor design software maker, plead guilty and agreed to pay US$140 million “for selling its chip design products to a Chinese military university believed to be involved in simulating nuclear explosions,” Reuters reports, in violation of US export controls. Cadence and subsidiary Cadence China exported EDA tools at least 56 times between 2015-2020, long after China’s National University of Defense Technology (NUDT) had been put on the US restricted list. $Cadence Design(CDNS.US) $Synopsys(SNPS.US) #semiconductors #semiconductor
Source: Dan Nystedt
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