China tightens chip-design protection and clarifies rights to spur innovation

China has revised regulations on the protection of chip design, a critical move to push for tech self-sufficiency amid US export controls. Premier Li Qiang signed a State Council decree to promulgate the revised rules on the protection of layout designs of integrated circuits, Xinhua reported on Monday. The new rules will take effect on October 15. The revision clarified financial penalties for infringement as well as licensing, transfer and co-ownership rights, aiming to accelerate the...