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Market Chatter: NEC Halts Quantum Computer Development

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NEC (TYO:6701) has halted its quantum computer development project, following an evaluation that the project could take too long to generate a return on investment, Nikkei Asia reported on Sept. 5.

The Japan-based technology company discontinued development of a physical quantum computer at the end of March but will continue work on related technologies and services.

NEC did not immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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