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July 29, 2025
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Cadence to plead guilty and pay $140 million to US for China sales
  • China News

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

Cs news17 hours ago04 mins

By Karen Freifeld (Reuters) -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. Cadence was accused of violating export controls by illegally selling…

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