Latest news with #USDepartmentOfCommerce
Free Malaysia Today
5 days ago
- Business
- Free Malaysia Today
Synopsys halts China sales due to US export restrictions
To ensure compliance, Synopsys said it is blocking sales and fulfillment in China and halting new orders until it receives further clarification. (Getty Images pic) BEIJING : Semiconductor design software firm Synopsys has told staff in China to halt services and sales in the country and stop taking new orders to comply with new US export restrictions, according to an internal letter reviewed by Reuters. The US has ordered a broad swathe of companies to stop shipping goods to China without a license and revoked licenses already granted to certain suppliers, Reuters reported on Wednesday, citing people familiar with the matter. 'Products affected include design software and chemicals for semiconductors,' they said. Yesterday, Synopsys suspended its annual and quarterly forecasts after it received a letter from the bureau of industry and security of the US department of commerce, informing it of new export restrictions related to China. The internal letter sent to staff in China today said, 'based on our initial interpretation, these new restrictions broadly prohibit the sales of our products and services in China and are effective as of May 29, 2025'. To ensure compliance, Synopsys said it was blocking sales and fulfillment in China and halting new orders until it receives further clarification. 'The measures affect all customers in China, including employees of global customers working at sites in China and Chinese military users wherever they are located,' the letter added. The steps Synopsys is taking in light of the new restrictions have not been previously reported. Synopsys declined to comment. Alongside Cadence and Siemens EDA, Synopsys is among the top three companies that dominate electronic design automation (EDA) software that chipmakers can use to design semiconductors used in everything from smartphones to computers and cars. Restricting Chinese firms' access to EDA tools would be a big blow to the industry as Chinese chip design customers heavily rely on top-of-the-line US software. Synopsys, Cadence and Siemens's Mentor Graphics control more than 70% of China's EDA market, Chinese state news agency Xinhua reported in April. Chinese companies that have said they use Synopsys and Cadence software include design firm Brite Semiconductor, Zhuhai Jieli and semiconductor IP portfolio provider VeriSilicon. The letter sent to staff in China today also said that Chinese customers' access to its customer support portal SolvNetPlus had been disabled.
Yahoo
5 days ago
- Business
- Yahoo
Exclusive-Synopsys halts China sales due to US export restrictions, internal memo shows
By Liam Mo and Brenda Goh BEIJING (Reuters) -Semiconductor design software firm Synopsys has told staff in China to halt services and sales in the country and stop taking new orders to comply with new U.S. export restrictions, according to an internal letter reviewed by Reuters. The U.S. has ordered a broad swathe of companies to stop shipping goods to China without a license and revoked licenses already granted to certain suppliers, Reuters reported on Wednesday, citing people familiar with the matter. Products affected include design software and chemicals for semiconductors, they said. Synopsys on Thursday suspended its annual and quarterly forecasts after it received a letter from the Bureau of Industry and Security of the U.S. Department of Commerce, informing it of new export restrictions related to China. The internal letter sent to staff in China on Friday said "based on our initial interpretation, these new restrictions broadly prohibit the sales of our products and services in China and are effective as of May 29, 2025." To ensure compliance, Synopsys said it was blocking sales and fulfillment in China and halting new orders until it receives further clarification. The measures affect all customers in China, including employees of global customers working at sites in China and Chinese military users wherever they are located, the letter added. The steps Synopsys is taking in light of the new restrictions have not been previously reported. Synopsys did not immediately reply to a request for comment. Alongside Cadence and Siemens EDA, Synopsys is among the top three companies that dominate electronic design automation (EDA) software that chipmakers can use to design semiconductors used in everything from smartphones to computers and cars. Restricting Chinese firms' access to EDA tools would be a big blow to the industry as Chinese chip design customers heavily rely on top-of-the-line U.S. software. Synopsys, Cadence and Siemens's Mentor Graphics control more than 70% of China's EDA market, Chinese state news agency Xinhua reported in April. Chinese companies that have said they use Synopsys and Cadence software include design firm Brite Semiconductor, Zhuhai Jieli and semiconductor IP portfolio provider VeriSilicon. The letter sent to staff in China on Friday also said that Chinese customers' access to its customer support portal SolvNetPlus had been disabled.
South China Morning Post
22-05-2025
- Business
- South China Morning Post
Tech war: Malaysia walks back from AI project with Huawei as tech giant denies chip exports
The Malaysian government has walked back from an artificial intelligence (AI) project that involved the use of Huawei Technologies' equipment, as the Chinese tech giant denied exporting its Ascend chips to the Southeast Asian country, highlighting sensitivity on both sides amid US efforts to block the use of Huawei AI chips. On Monday, Malaysia launched its large computing project dubbed the Strategic Artificial Intelligence Infrastructure. The project marked the first deployment of Huawei's chips and servers outside China, Malaysia's Deputy Communications Minister Teo Nie Ching was quoted as saying to state news agency Bernama. The report did not specify which Huawei chips and servers would be used in Malaysia. In a subsequent update on Tuesday, references to Huawei were scrubbed from the report. The Malaysian Ministry of Investment, Trade and Industry said in a statement on Wednesday that the AI infrastructure initiative involving Huawei was 'not developed, endorsed, or coordinated by the government of Malaysia', keeping its distance from the deal. The Malaysian AI project grabbed attention amid intensifying tech rivalry between Beijing and Washington. The US Department of Commerce recently issued guidelines that threatened regulatory action against anyone using Huawei Ascend chips in any part of the world, based on the argument that the chips violate US export control rules. A man speaks on the phone near a Huawei logo during a product launch in Kuala Lumpur, Malaysia, February 18, 2025. Photo: EPA-EFE The Chinese government hit back at the move, with the Ministry of Commerce issuing a statement on Wednesday saying that it would target those enforcing the US sanctions on Huawei AI chips with China's own anti-sanction law.
BBC News
12-05-2025
- Business
- BBC News
World Business Report Tariffs have fallen....but is the trade war over?
The US and China have agreed a deal that will significantly cut the import tariffs, or taxes, both sides have imposed on one another for a 90-day period. We hear the reaction from Chinese business owner, the former undersecretary for international trade at the US Department of Commerce and a trade analyst. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
