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US tech firm pleads guilty to selling semiconductor design tools to China school

( July 28, 2025, 20:37 GMT | Official Statement) -- MLex Summary: A San Jose, California, tech company pleaded guilty to illegally exporting semiconductor design tools to a Chinese military academy, the Justice Department said. In a statement, the DOJ said Cadence Design Systems Inc. has agreed to pay $118 million and plead guilty to resolve the charges.Cadence Design Systems Agrees to Plead Guilty and Pay Over $140 Million for Unlawfully Exporting Semiconductor Design Tools to a Restricted PRC Military University...

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