According to Chinese media outlet ITHome, Chinese EDA firm Empyrean Technology has announced it will no longer proceed with its planned acquisition of Xpeedic, citing a failure to reach agreement on key terms. The report notes that on July 9, the company issued a statement confirming the termination...

According to Bloomberg, the Trump administration has eased certain export license requirements for selling EDA software to China. As part of a trade agreement finalized last week, the U.S. agreed to permit shipments of chip design tools, ethane, and jet engines—on the condition that Beijing honors...

On June 26, China officially launched its independently developed next-generation general-purpose processor — the Loongson 3C6000 (LS3C600) — in Beijing. The LS3C600 is built on China’s self-designed instruction set architecture, LoongArch, and requires no foreign licensed technologies. As ...

According to Anue, Chinese GPU unicorns Moore Threads and MetaX had their STAR Market IPO applications accepted on Monday, June 30. Moore Threads plans to raise RMB 8 billion. MetaX aims to raise RMB 3.904 billion, with a total investment of RMB 5 billion. As noted by Economic Daily News, this move ...

According to Commercial Times, following the success of DeepSeek-R1 earlier this year, major Chinese tech companies have been actively advancing the development of open-source AI models, driving down the cost of using large models by 60% to 80%. Notably, on June 30, both Baidu and Huawei announced ...