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Lack of cash forces supercomputer re-think

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Tokyo, Japan – Both Hitachi and NEC have decided to withdraw from a Japanese government project to build a nex-gen supercomputer.

According to nikkei.net, that means that the government body Riken, which managed the project, will start from scratch. That’s even though construction had already began on the 115 billion yen project.

NEC and Hitachi both said that they have withdrawn for financial reasons but will carry on with their own supercomputer development.

The supercomputer was supposed to be ready by next year, said nikkei.net, here (subscription needed).

* In other Japanese news, the same wire reported that Sanyo will build a lithium ion battery factory aimed at the burgeoning hybrid car business.