Siemens says US has lifted chip software curbs on China, Bloomberg News reports

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Germany’s Siemens has received a notice from the US government saying restrictions on the export of chip design software to China have been lifted, Bloomberg News reported, citing a statement from the tech company.

Siemens has restored complete access to its software and technology for Chinese customers, Bloomberg reported on Wednesday.

The German company and the US Department of Commerce did not immediately respond to Reuters’ requests for comment.

Earlier on Wednesday, the US sent letters to ethane producers to rescind a restrictive licensing…



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Siemens says US has lifted chip software curbs on China, Bloomberg News reports


Germany’s Siemens has received a notice from the US government saying restrictions on the export of chip design software to China have been lifted, Bloomberg News reported, citing a statement from the tech company.

Siemens has restored complete access to its software and technology for Chinese customers, Bloomberg reported on Wednesday.

The German company and the US Department of Commerce did not immediately respond to Reuters’ requests for comment.

Earlier on Wednesday, the US sent letters to ethane producers to rescind a restrictive licensing…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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