THine Electronics surges after proposal selected in Ministry of Internal Affairs' R&D public offering for radio resource expansion
THine Electronics, Inc. <6769> shares surged after announcing after the close on the 11th that a joint proposal submitted with KYOCERA CORPORATION <6971>, the National Institute of Information and Communications Technology (NICT), Nagoya Institute of Technology, and others was selected for a Ministry of Internal Affairs and Communications research project to expand radio resources, sparking investor buying.
The project falls under the theme "Research and Development of 275 GHz Band Medium-Range, Large-Capacity Wireless Communication Technology," specifically addressing simultaneous multi-user and large-capacity communication. THine will develop the inter-chip synchronization-compatible baseband component.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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