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US Lifts Chip Design Export Curbs As Part Of New China Deal

  • The US has lifted export license requirements for chip design software sales in China as part of a new trade agreement.
  • The Trump administration removed restrictions imposed in May in response to China's limits on rare-earth mineral shipments.
  • Siemens AG, a leading chip design software provider, received confirmation that government licenses are no longer required for business in China.
  • The move follows a trade deal allowing shipments of chip-design software, ethane, and jet engines to China in exchange for speeding up critical mineral exports approvals.

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