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IDG News Service - A group of businesses and universities, led by North Carolina State University, will work together to design and manufacture next-generation, low-power semiconductors, U.S. President Barack Obama said Wednesday.

The new manufacturing innovation institute, one of five such innovation hubs proposed by Obama last February, will focus on enabling a new generation of energy-efficient, high-power electronic chips and devices by making so-called wide bandgap semiconductor technologies cost-competitive with silicon-based technologies in the next five years, Obama said during a speech in Raleigh, North Carolina.

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To read the original article: Obama unveils semiconductor innovation hub in N.C. - Computerworld