DOJ says Cadence pleads guilty to resolve charges of unlawful export to China

Reuters

2025/07/29

July 28 (Reuters) - Cadence Design CDNS.O has agreed to plead guilty to resolve charges that the company unlawfully exported semiconductor design tools to a Chinese military university, the Department of Justice said on Monday.

Cadence will pay about $140 million in criminal and civil penalties and forfeiture, the DoJ said in a statement.

(Reporting by Bhargav Acharya in Toronto; Editing by Caitlin Webber)

((Bhargav.Acharya@thomsonreuters.com;))

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