On June 30, according to foreign media reports, Huawei, Qualcomm, Ericsson and other manufacturers in China, the United States and Europe are investing heavily in the research and development of 5G technology, which has attracted much attention. It is hard to see the shadow of Japanese manufacturers.
However, the latest reports from foreign media show that Japan has decided to allocate funds to support the research and development of mobile communication technologies such as 5G technology to improve the competitiveness of Japanese enterprises in this field.
Foreign media reported that Japan has decided to provide support of 70 billion yen (about 4.6 billion yuan, 650 million dollars), and the target of support is Japanese communication enterprises and electronic equipment manufacturing enterprises.
Japan's decision to provide 70 billion yen is mainly to support Japanese enterprises to develop ultra-high-speed, low-latency 5G communication technology and next-generation mobile communication technology.
As for the source of funds, a concerned person revealed that Japan had decided to allocate 70 billion yen from the 110 billion yen fund of the New Energy and Technology Development Agency, which was established through the supplementary budget of last year.
Foreign media reported that NEC, Fujitsu and other companies may be selected as potential recipients of support funds and will be committed to the development of backbone networks and the maintenance of base stations.