Chinese companies are struggling to close the gap on US-based rivals in a crucial corner of the global semiconductor market.
Electronic design automation software allows designers and manufacturers to develop and test the blueprints for new generations of chips, many of which consist of tens or even hundreds of billions of transistors, before they are put into production.
While the EDA sector accounts for just 1.6 per cent of the $600bn global semiconductor industry, it serves as a critical bottleneck in the supply chain for developing the latest cutting-edge chips.
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