Driven by government subsidies and support, China’s domestic developers of electronic design automation tools (EDA, or software used for designing integrated circuits and circuit boards), are witnessing a surge in sales, and can therefore increase their R&D investments.
After the U.S. restricted sales of advanced EDA programs to Chinese entities last year, Chinese chip designers had to increase the adoption of domestic EDA tools. As a result, Empyrean Technology and Primarius Technologies have reported sales jumps of over 30% in the first three quarters of 2023, reports DigiTimes.