Japan readies $2bn to support industry research on 6G tech

Stimulus package includes fund to close gap in next-gen communications race

20191121N Smartphones Tokyo REUTERS

So-called 6G communication technology promises to have network speeds 1,000 times faster than current connections. © Reuters

DAISUKE SUZUKI, Nikkei staff writer

TOKYO -- Japan intends to devote 220 billion yen ($2.03 billion) to encourage private-sector research and development of technology that will succeed fifth-generation wireless communications.

Prime Minister Shinzo Abe's government plans to create the fund as part of an economic stimulus package, Nikkei has learned. The stimulus proposal will be finalized early next month.

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