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...

Rumors swirled last week that the U.S. is tightening controls on China’s chip ambitions. According to IC Smart and Reuters, the top three EDA giants—Synopsys, Cadence, and Siemens—were told to halt software sales to China without a license. Though initially silent, all three have now confirmed...

To curb China’s chip ambitions, the U.S. may be turning up the heat again. On May 28, Chinese outlets IC Smart and MyDrivers reported that Siemens —one of the top three global EDA players —was told to halt all EDA support in mainland China. Reuters and the Financial Times later added that Cade...

According to a report from ijiwei, citing The Wall Street Journal, Germany engineering company Siemens plans to slash over 6,000 jobs across its automation and electric vehicle charging sectors. This includes approximately 5,600 positions globally within the automation segment at Digital Industries ...

On October 30, local time, Siemens announced that the company had signed an agreement to acquire Altair Engineering, a leading software provider in the industrial simulation and analytics market. This move strengthens Siemens' position as a leading technology company and its leadership in the indust...