Cadence to plead guilty and pay $140 million to U.S. for China sales

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Cadence Design

agreed to plead guilty and pay more than $140 million to resolve U.S. charges for selling its chip design products to a Chinese military university believed to be involved in simulating nuclear explosions, the Justice Department said on Monday.

Cadence was accused of violating export controls by illegally selling chip design software and hardware to front companies representing China’s National University of Defense Technology.

NUDT’s supercomputers are thought to support nuclear explosive simulation and military simulation activities, according to U.S. Commerce Department notices restricting shipments to the university.