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February 25th, 2008
The European Commission is to spend €3bn (£2.3bn) on nanoelectronics research and €2.5bn (£1.9bn) on embedded computer systems over the next 10 years.
The ENIAC and ARTEMIS Joint Technology Initiatives will unite public and private stakeholders to discuss the development of advanced technologies. And the Commission predicts the two programmes will affect a range of consumer and industrial products.
Embedded, special-purpose computers already play a role in a range of devices from mobile phones to credit cards. The global market for such systems is currently worth €60bn (£45.2bn), with an annual growth rate of 14 per cent.
And the rise of ultra-miniaturisation could lead to advances in green technology, such as computer-controlled engines to reduce vehicles' carbon emissions.
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