Chinese EDA software startup X-Epic Ltd. (Nanjing, China) is cutting up to half its staff according to the South China Morning Post, quoting unnamed sources.

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.

Click here to read more ...

China's EDA startup X-Epic forced to lay off staff, says report

More News

Cost-Optimized PolarFire® Core FPGAs and SoCs from Microchip Technology Deliver High Performance with a 30% Lower Price Tag (May 21, 2025)
NVIDIA Unveils NVLink Fusion for Industry to Build Semi-Custom AI Infrastructure With NVIDIA Partner Ecosystem (May 20, 2025)
Codasip: Toward Custom, Safe, Secure RISC-V Compute Cores (May 19, 2025)
Semidynamics: From RISC-V with AI to AI with RISC-V (May 19, 2025)
Quantum Computing Roadmaps: A Look at The Maps And Predictions of Major Quantum Players (May 16, 2025)