Stock Under $10 with 50-100% upside potential - 14 Days FREE!

US Scientist Receives Kyoto Prize In Technology

Stock quotes in this article: KYO 

TOKYO (AP) ⿿ American scientist John W. Cahn received Japan's annual Kyoto Prize on Thursday, winning 50 million yen, or about $650,000, for his contributions in materials science that led to the creation of stronger, lighter alloys used in cellphones and many electronic devices.

Cahn, 83, an emeritus fellow at the U.S. National Institute of Standards and Technology and affiliate professor at the University of Washington, was awarded the advanced technology prize and the cash gift at a ceremony in Kyoto, according to the Inamori Foundation.

Cahn was one of three winners of the 27th Kyoto Prize, which was established in 1985 and is Japan's highest private award for global achievement.

Astrophysicist Rashid Sunyaev, a 68-year-old dual citizen of Russia and Germany, was awarded the basic sciences prize for his contributions in astronomy.

Sunyaev, director of the Max Planck Institute for Astrophysics and the chief scientist at the Space Research Institute at the Russian Academy of Sciences, was recognized for his work in helping reveal that fluctuations in cosmic microwave background radiation may be used to explore the expanding universe.

Tamasaburo Bando V, a Japanese kabuki actor who specializes in female roles, was presented with the arts and philosophy prize.

Cahn's theory of spinodal decomposition allowed scientists to design new alloys for use in a range of electronic products. His work also has led to the production of better-performing metals, glass, polymers and semiconductors used widely in everyday life, the foundation said.

The prizes are awarded by the Inamori Foundation, a charitable body established by Kazuo Inamori, who founded Japanese electronic component maker Kyocera Corp.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,294.50 -12.67 -0.08%
NASDAQ 3,459.42 -3.88 -0.11%
S&P 500 1,650.51 -4.84 -0.29%
US 10 Yr 2.023% -0.003

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs