Siemens AG confirmed it has restored full access to its software for Chinese customers following the lifting of restrictions by the US government.
Trump Administration Restrictions
The Trump administration implemented restrictions on the sale of chip design software to China. American companies, including Siemens AG, Synopsys Inc., and Cadence Design Systems Inc., were forced to halt shipments to China, resulting in a sharp decline in EDA company stocks.
Synopsys Returns to the Chinese Market
Synopsys, following US government guidelines, suspended all operations in China, but in June, the company resumed some services, including the sale of hardware and intellectual property.
Siemens' Operations in China Resumed
Siemens AG confirmed that it now has full access to its software and technologies for Chinese customers, potentially indicating a softening of US policies toward technology exports to China.
The lifting of restrictions opens up new opportunities for Siemens and other companies in the Chinese market, which may foster further technological collaboration.
