Exclusive: Cadence to plead guilty and pay $140 million to US for China sales

Exclusive: Cadence to plead guilty and pay $140 million to US for China sales

Cadence Design agreed to plead guilty and pay more than $140 million to resolve U.S. charges for selling its chip design products to a Chinese military university believed to be involved in simulating nuclear explosions, the Justice Department said on Monday.

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