M Update Empyrean Technology Co Ltd | Asia Pacific US lifts EDA export restriction What's new? According to Reuters (link), Synopsys (SNPS.O) and Cadence Design Systems (CDNS.O) are restoring access to their software and technology for their customers in China. To our knowledge, Cadence hasn't yet confirmed the news. Meanwhile, Synopsys issued a statement in connection to the lifting of recent US export restrictions related to China (link) that it is working to restore access to recently restricted products ...

20 May 2025 | 1:59AM HKT China Software: 1Q25 result review; quality new products to drive growth; profitability remains key focus We review our China Software coverage based on 1Q25 performance and update our estimates to reflect our latest views. In 1Q25, the avg. revenue growth of our coverage was 6% YoY, and avg. net margin was -3% due to weak seasonality of 1Q. Looking into 2H25, software companies are focused on (1) high-quality products/ projects carrying better margins, (2) new products/ product upg ...