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Korea Fabless Industry Association, Cadence Korea Partner to Strengthen Local Chip Design Firms
Aug. 17, 2026 –
EDA Access and Global Expansion to Be Discussed
By Lee Jun, thelec.net
The Korea Fabless Industry Association and Cadence Korea have signed a memorandum of understanding (MOU) to strengthen the competitiveness of South Korean semiconductor design, or fabless, companies, the organizations announced on August 13.
Potential measures include providing Cadence’s electronic design automation (EDA) tools and intellectual property (IP) to association members at prices below prevailing market rates. Representatives of the Korea Fabless Industry Association and Cadence Korea stated that specific areas of cooperation have yet to be finalized.
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