The U.S. Commerce Department has rolled back export restrictions it recently imposed on chip designing software and ethane, indicating further de-escalation of trade tension with Beijing.
The Bureau of Industry and Security (BIS) on Wednesday wrote to Synopsys, Cadence Design Systems, and Siemens—three of the world’s largest electronic design automation (EDA) software developers—and energy companies Enterprise Products Partners and Energy Transfer, notifying them of the policy change.
Ethane traders Satellite Chemical USA and Vinmar International also received letters from the BIS.
Siemens and Cadence stated that the BIS had informed them of a new license requirement for EDA products exported to China on May 23. Synopsys said it was notified on May 29….
US Lifts China Export Curbs on Chip Design Software, Ethane
