Japan's industry ministry has earmarked 45.2 billion yen ($307 million) in subsidies to drive the development of optical technology in semiconductor chips.
Major companies such as NTT, NEC, Furukawa Electric, Shinko Electric, Kioxia, Intel, and SK Hynix are joining forces to collaborate on optical technology research for semiconductor chips.
The initiative focuses on leveraging light for signal transmission, aiming to achieve faster speeds and reduced power consumption in semiconductor chip technology.
Japan is making this move to maintain its competitive edge in the semiconductor industry, especially in the face of China's advancements in advanced technologies.
Japan's industry minister, Ken Saito, expresses optimism, considering optical technology as a potential "game changer" for the semiconductor landscape.
The initiative aligns with Japan's broader goal of deepening collaborations with allied nations, such as the United States and South Korea, to ensure technological leadership on a global scale.
The investment is a strategic response to China's advancements, highlighting the urgency for technological innovation and international cooperation to stay ahead in the semiconductor industry.
Japan's commitment to this substantial investment reflects its dedication to technological advancements, with optical chip technology expected to play a pivotal role in shaping the future landscape of the semiconductor industry.