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2022-09-23 17:22:28
Supported by China! Huada Jiutian's Shenzhen listing will become the world's leading EDA software by 2030
In recent years, in the context of US-China conflict, China's semiconductor industry has been repeatedly sanctioned by the US government. In order to support the development of China's semiconductor manufacturing industry, the Chinese government is supporting various types of semiconductor manufacturing related companies in various ways. Among them, the automated design software (EDA), which is still monopolized by European and American manufacturers, is the key to China's eagerness to break through.
Empyrean Technology, a Chinese EDA software company with high hopes, is about to list in Shenzhen with the approval and support of relevant securities regulators.
The report further pointed out that at present, about 90% of the global EDA market is controlled by three companies including Cadence Design Systems, Synopsis and Mentor Graphics, an American company. While the number of Chinese semiconductor design software companies has increased over the past few years, most of the market still relies on imported EDA software. Also because China relies more heavily on foreign technology for EDA software than for chip manufacturing. This has the Chinese industry worried that if the import pipeline is cut off, Chinese manufacturers will face a crisis without alternatives