JAPAN will contribute at least 45 billion yen for the research and development of semiconductors that allow high-speed data processing with lower power consumption.
Japanese telecommunications giant NTT will partner with chipmaker Intel and its South Korean counterpart SK Hynix for the multimillion-dollar project.
The project aims to transmit information faster than electrical signals and help reduce power consumption by 30 to 40 percent.
Experts believe the technology will be a game changer since the expansion of artificial intelligence and other digital technologies resulted in semiconductor research and development processing huge amounts of data.
Japan aims to gain a stronger presence in the semiconductor industry amid China’s growing influence in the sector due to its large market demand. and a huge number of trained engineers.
