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Home > News > Company News > PEZY president arrested

PEZY president arrested

  • Author:Ella Cai
  • Release on:2017-12-05
The president of PEZY Computing, a fabless Japanese chip company which makes processors for Japan’s supercomputer projects, has been arrested for fraud.

PEZY designed the processors for Japan’s Gyoukou supercomputer which was ranked last month as the world’s fourth most powerful supercomputer at 19.4 petaflops.

PEZY’s president is Motoaki Saito. Another PEZY employee, Daisuke Suzuki, was also arrested.

They are charged with padding expenses claims to Japan’s New Energy and Industrial Technology Development Organization (NEDO) which supports the costs of building Japan’s supercomputers.

The amount alleged to have been overcharged was $3.8 million.

PEZY stands for Peta, Exa, Zetta, Yotta.