China aims to shake US grip on chip design tools – Nikkei Asia

Synopsys and Cadence veterans join local startups amid Beijing tech push
TAIPEI — Veteran engineers and high-level executives are leaving top U.S. chip design toolmakers for Chinese rivals as Beijing looks to break America’s near monopoly on this key segment of the semiconductor industry.
Three Chinese startups established since September last year were founded by or have hired executives and engineers from Synopsys and Cadence Design Systems of the U.S., the world’s two biggest makers of electronic design automation (EDA) tools, as such software is known.
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