Obama puts future of electronic innovation in North Carolina's hands
Following a disappointing December that saw job creation fall to a three-year low, President Barack Obama visited North Carolina State University (NCSU) Wednesday to announce a $150 million public-private partnership to fund the future of energy-efficient electronic chips and devices. NCSU will lead a group of six universities and 18 private companies, the Next Generation Power Electronics Institute, in developing smarter and more affordable electronic chips, which run everything from cellphones to industrial motors. “We’ve got to do more today to connect universities like NC State with companies like Vacon to make America the number-one place in the world to create new businesses and new jobs,” Obama said to cheers from the sold-out crowd of 2,000 inside the J.W.






















