Exclusive | China’s ‘rising star’ in chip design software cuts up to half its workforce amid market headwinds

Exclusive | China’s ‘rising star’ in chip design software cuts up to half its workforce amid market headwinds

A leading Chinese chip design software start-up is slashing as much as half of its workforce, casting a shadow over Beijing’s efforts to achieve tech self-sufficiency, according to three people familiar with the matter. X-Epic, established in 2020 with a mission to develop indigenous electronic design automation (EDA) tools to break the monopoly of US … Read more