US lifts some restrictions on chip-design software exports to China
Software firms Synopsys and Cadence and the software arm of Siemens all said they had recently received letters from the Bureau of Industry and Science, notifying them that the administration was lifting the new export controls.
Siemens said Thursday that it had 'restored full access' to the software and technology and resumed sales and support to Chinese customers.
'For more than 175 years Siemens has supported customers across the globe including in China and the United States,' Tony Hemmelgarn, president and CEO of Siemens Digital Industries Sofware, said in a statement.
'We appreciate the patience of our customers as we have navigated the rapidly changing global trade landscape and understand the inconvenience this may have caused,' he continued.
Synopsys similarly said in statement Wednesday that it was 'working to restore access' to its products and 'continuing to assess the impact of export restrictions related to China on its business, operating results and financials.'
Cadence confirmed in a securities filing that it too received a letter and was in the process restoring access to its customers.
The three companies all received letters from the Trump administration in late May, announcing new restrictions on sales of electronic design automation software to China. The software is used to help with the planning, design and manufacturing of chips.
The reversal comes after the U.S. and China finalized a trade deal last week.
Commerce Secretary Howard Lutnick said the Trump administration would lift its export controls on chip software and other products as part of the broader deal on rare earth minerals with Beijing, according to Bloomberg.
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