A leading Chinese chip design software start-up, X-Epic, is cutting up to half of its workforce, casting doubt on Beijing's tech self-sufficiency ambitions, according to insiders. Founded in 2020, X-Epic aimed to develop indigenous electronic design automation (EDA) tools to challenge the dominance of US firms. However, this week the company began job cuts across various departments, including its core research and development unit, according to anonymous sources not authorized to speak to the media. The privately owned company did not respond to requests for comment on Wednesday. As of March 2023, PitchBook data indicated X-Epic employed around 400 people across offices in Nanjing, Beijing, Shanghai, Chengdu, and Shenzhen. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses, and infographics brought to you by our award-winning team. X-Epic was founded by Wang Libin, a former engineer at US EDA giant Cadence Design Systems. By March 2023, the start-up had raised $121.7 million from investors including HongShan (formerly Sequoia Capital China), Matrix Partners China, and China Information and Communication Technology Group. Recognized as a rising star among local EDA firms, X-Epic was listed among the Nanjing provincial government's favored innovative start-ups in May. Alongside other Chinese firms like Empyrean Technology, X-Epic works on software tools for complex chip designs, a field traditionally led by US companies Cadence, Synopsys, and Mentor Graphics, now owned by European giant Siemens. https://github.com/serzanx/watchthai/issues/30 https://github.com/serzanx/watchthai/issues/31 https://github.com/Como-V3r/cuevana3-ver-descendants-the-rise-of-red-en-espanol https://github.com/Pelisflix-descendants4/Ver-descendants4-the-rise-of-red-pelicula-en-espanol https://www.artstation.com/descendientes-el-ascenso-de-red-ver-descargar-latino-pelisplus/profile https://www.artstation.com/descendants-4-the-rise-of-red-en-espanol-y-latino/profile https://www.artstation.com/inside-out-2-thai-full-story-sub/profile https://pastelink.net/bzr8xscn https://www.bitsdujour.com/profiles/NdP9ho