support ai semiconductor development
Govt to support AI semiconductor development
Start-ups, graduate school students and others are expected to compete for new designs, processing speed of AI and other areas. In 2018, the government plans to hold a contest for AI semiconductors to be used in self-driving cars and robots. For the best start-up or talent, the Economy, Trade and Industry Ministry will subsidize their development costs, and participating companies will then invest in them to facilitate the commercialization of new technologies and their mass production, according to the sources. This will benefit start-ups and others with scarce funds, as financial and other support from the government and major companies will help them commercialize their own technologies. At the same time, large companies will also be able to develop advanced technologies and find talent through the initiative.