Siemens of Germany announced that it had received notification from the U.S. government that export restrictions on semiconductor design software to China had been lifted.
According to Bloomberg News on July 2 (local time), Siemens stated in a press release that it has restored access for its Chinese customers to its software and technology.
Previously, at the end of May, the Bureau of Industry and Security within the U.S. Department of Commerce, which oversees export controls, sent letters to electronic design automation (EDA) companies?Cadence Design Systems, Synopsys, and Siemens EDA?advising them to halt the supply of technology to China. These three companies are known to account for about 80% of the Chinese EDA market. At the time, U.S. media assessed this as part of the U.S. government’s efforts to hinder China’s development of advanced artificial intelligence (AI) semiconductors.
Previously, the United States and China agreed on a framework to implement the first Geneva trade agreement during the second high-level trade talks held in London, United Kingdom, on June 10-11. U.S. Secretary of Commerce Howard Lutnick stated that this framework “adds specific details” to the Geneva agreement and indicated that China’s export controls on critical minerals and rare earths, as well as the recent U.S. export restrictions (including those on semiconductors), would be lifted.
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