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
- NPU IP
- JPEG XL Encoder
- I2C Master/Slave Controller Core
- NVMe Validation Test Suite
- Hybrid Memory Cube Verification IP
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
- intoPIX to Demonstrate JPEG XS, IPMX and SMPTE ST 2110 Solutions at NAB Show New York 2026
- GF unveils roadmap to deliver the world’s most advanced FD-SOI platform for Physical AI
- GlobalFoundries marks Dresden expansion milestone, announces next-generation platform for Physical AI
- TSMC September 2026 Revenue Report
- Lattice Collaborates with Arm to Advance Secure, Adaptable AI Data Center Infrastructure