Cambridge, Great Britain, September 23. (Jiji Press) – Toshiba Corp. opened a shopping mall in Cambridge, Britain on Friday to step up its efforts to promote quantum technology.
The Japanese technology conglomerate will invest about 20 million in the Quantum Technology Center over the next five years. The center will develop quantum cryptography and manufacture related devices.
Initially, the center employs about 40 employees, and over 30 more jobs will be created.
Toshiba, which will be acquired by a consortium led by investment fund Japan Industrial Partners Inc., sees quantum technology as one of its key growth areas, according to Shunsuke Okada, president and CEO of Toshiba Digital Solutions Corp.
At a ceremony at the center on Friday to mark its opening, Toshiba President and CEO Taro Shimada said quantum is a real-world technology that will be the best method for data protection.[Copyright The Jiji Press, Ltd.]
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