The Japanese stated that they will offer around 45.2 billion yen ($307 million) in subsidies to develop optical technology for use in chips.
Japan’s industry ministry will provide approximately 45.2 billion yen ($307 million) in subsidies to develop optical technology for use in chips, thereby boosting the country’s semiconductor industry, they announced on Tuesday.
NTT, NEC, Furukawa Electric, Shinko Electric, and Kioxia are among the companies that have agreed to participate, working with Intel and SK Hynix.
The chip industry seeks to use light to communicate signals, speed up transmission, and reduce power usage.
“Hopefully, the optical technology is a future game changer,” Japan’s industry minister, Ken Saito, stated.
The move to use optical technology comes as Japan seeks to maintain its lead in the semiconductor business and strengthen cooperation with allies as China advances in innovative technology.
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