Cadence Design Systems, Inc. (CDNS) announced that Shanghai Huahong Integrated Circuits Company Ltd. or SHHIC, a leading Chinese fabless semiconductor company, has adopted Cadence solutions and services for the design of advanced chips.
The company said that the adoption was based on the strength of Cadence technology, including design for manufacturing or DFM, low-power and analog/RF offerings, as well as the strength of Cadence technical support services.
SHHIC, founded in 1998 is a fabless design company in the mass transportation, personal identity, e-passport, Mobile Payment, social security, information security and multimedia markets in China.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.