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Synopsys Halts Sales, Services In China

  • Synopsys has stopped sales and services in China after receiving an order from the US Commerce Department, affecting its operations and customers in the country.
  • The US government instructed various companies to cease shipping goods to China, leading to disruptions in businesses like Synopsys, US chip design software firms, and chemical suppliers for computer chips.
  • Following a letter from the Commerce Department, Synopsys internally suspended forecasts and informed staff in China to halt sales and services immediately, affecting all customers in China.
  • The halt in operations is part of the ongoing trade war, with companies like Synopsys, Cadence, and Siemens EDA, which dominate China's electronic design automation market, facing restrictions and challenges.

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