NEC has ended its effort to develop a working quantum computer, reportedly deciding that the project would take too long to deliver an acceptable return on investment, according to a new report by Nikkei.
The move represents a significant change in direction for a company that has been involved in quantum computing research for more than three decades.
NEC was among the earliest companies to pursue the technology, beginning its research in the 1990s and achieving a major breakthrough in 1999 with the first demonstration of superconducting qubits. Those qubits remain one of the principal approaches used in quantum computer development today. Despite that early lead, NEC discontinued work on its own physical quantum computer at the end of March.
Nikkei reported that the company will continue pursuing quantum-related technologies and services, including quantum annealing, which is used to find efficient solutions to complex optimization problems. NEC also plans to expand services that use conventional computers to simulate quantum computing.
The shift suggests that management sees a more immediate commercial opportunity in applying quantum-related techniques than in funding the lengthy a