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TTM Technologies, Inc. has joined as one of 18 institutes and companies to partner in development of optical transmission technologies in the European Union
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for immediate release HONG KONG - December 18, 2012 - TTM Technologies, Inc. (Nasdaq: TTMI), through the efforts of its R&D center under a wholly-owned subsidiary in Asia Pacific Region, has joined as one of 18 institutes and companies to partner in a project of development of optical data transmission technologies sponsored by the European Union (the EU). The EU is providing EUR 9 million funding for the four-year project which began in October 2012 under the name PhoxTroT. Under the leadership of the Fraunhofer Institute for Reliability and Microintegration IZM in Berlin, the project team will be working on the development of optical data transmission technologies to significantly reduce the energy consumption while simultaneously doubling the capacity of data connections at major data centers. (See the associated release by Fraunhofer dated November 30, 2012 for additional information). According to TTM Technologies, Inc Manager of Research & Development Marika Immonen, "the need to reduce energy costs and improve data transmission capacity is of major importance in the EU and around the world. The working team on this project is positioned to revolutionize data transmission through the application of optical technology". About TTM Technologies R&D Center, Asia Pacific Region About TTM Technologies, Inc. Company TTM Technologies Release Info News Release: Contact Audrey Sim |