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Posted by Redaktion
 - December 11, 2024, 20:36:04
China's largest EDA software company Empyrean Technology transitions to state control under China Electronics Corporation following US trade restrictions. The move gives the state-owned enterprise majority board control and signals Beijing's strategy to shield key tech firms from foreign pressure through increased state ownership.

https://www.notebookcheck.net/China-s-leading-chip-design-firm-transfers-control-to-state-owned-enterprise-following-US-sanctions.931159.0.html