ReferIndia News Cadence Design's $140 Million Export Control Violation Settlement with U.S.

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Cadence Design's $140 Million Export Control Violation Settlement with U.S.

Published on: July 29, 2025, 4:30 a.m. | Source: Devdiscourse

Cadence Design Systems agreed to pay over $140 million to settle U.S. charges of illegal sales to a Chinese military university. Accused of violating export controls, the company admitted to selling chip design tools to entities linked to the National University of Defense Technology. The settlement highlights ongoing U.S.-China trade tensions.

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