Chip Design Software Makers Win US Reprieve in China Trade Deal

WATCH: Trump’s administration lifted recent export license requirements for chip design software sales in China. Annabelle Droulers reports.Source: Bloomberg

President Donald Trump’s administration has lifted recent export license requirements for chip design software sales in China, as Washington and Beijing implement a trade deal for both countries to ease some restrictions on critical technologies.

The US Commerce Department informed the world’s three leading semiconductor design software providers — Synopsys Inc., Cadence Design Systems Inc. and Germany’s Siemens AG — that requirements to seek government licenses for business in China are no longer in place, according to company statements.