China's EDA startup X-Epic forced to lay off staff, says report
By Peter Clarke, eeNews Europe
July 16, 2024
The exact reason for the lay-offs was not given but the SCMP said that Chinese EDA firms saw their business slow in 1Q24 amid broader market headwinds. It is possible that privately held X-Epic is not yet profitable and needs to trim its burn rate.
To read the full article, click here
Related Semiconductor IP
- UCIe D2D Adapter & PHY Integrated IP
- Low Dropout (LDO) Regulator
- 16-Bit xSPI PSRAM PHY
- MIPI CSI-2 CSE2 Security Module
- ASIL B Compliant MIPI CSI-2 CSE2 Security Module
Related News
- Broadcom lays off 1,100; may lay off more
- EDA Startup Rises From Ashes of ATopTech
- Imagination to lay off 20% of staff
- Siemens EDA faces Chinese startup competitor
Latest News
- Silicon Creations Celebrates 20 Years of Global Growth and Leadership in 2nm IP Solutions
- TSMC Debuts A13 Technology at 2026 North America Technology Symposium
- Cadence Collaborates with TSMC to Accelerate Design of Next-Generation AI Silicon
- Synopsys Partners with TSMC to Power Next-Generation AI Systems with Silicon Proven IP and Certified EDA Flows
- JEDEC® Previews LPDDR6 Roadmap Expanding LPDDR into Data Centers and Processing-in-Memory