China's leading chip design firm transfers control to state-owned enterprise following US sanctions

[Redaktion]

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