The Singapore's National Research Foundation (NRF) announced a new S$5 million ($3.7 million USD) fund to support Spintronics industry collaborations with research institutes in Singapore.
Last year the National University of Singapore together with Nanyang Technological University launched a new consortium (the Singapore Spintronics Consortium, or SG-SPIN), with an aim to encourage collaborative research partnerships between industry and the academia. The new $3.7 million fund will support existing and new SG-SPIN projects.
Current projects done by SG-SPIN members, estimated at S$39 million, include projects to increase the speed and capacity of data storage in computers, improve energy efficiency in electronic gadgets and develop new ultra-low powered devices.