US lifts exports restrictions on chip design software for China: Report
The Trump administration has reportedly relaxed export license rules for some chip design software sales to China. According to a Bloomberg report, the US Commerce Department has informed Siemens AG – one of the world’s leading chip design software providers that requirements to seek government licenses for business in China are no longer in place. Siemens added that it has now restored full access to its software and technology for its Chinese customers.
The move comes as part of a broader trade agreement between Washington and Beijing aimed at improving the flow of critical technologies between the two nations.
