The Silicon Review ^Asia

We are in the era where everything is data driven. Companies are facing many challenges on how to keep their ever-growing data safe, and improve storage efficiency. Many computer storage technology companies are striving to bring better technology. With this said, Weebit Nano, an Israeli startup, reckons its technology is a platform to succeed flash solid-state drive. The company is very serious with its development schedule, with some productisation in the pipeline – for its silicon oxide ReRAM memory, which it claims is 1,000x faster, uses 1,000x less energy and lasts 100x longer than NAND FLASH.

“We are going to develop our products a stage at a time,” said CEO Coby Hanoch. “At first our technology will be integrated with other vendor’s chips in on-board equipment, then we plan to sell independent components, still aiming at the embedded component market. “Components for the datacentre disk market will come last because we think the embedded component market is the least risky area to launch into,” he adds.

According to the statement given by Mr. Hanoch, Weebit is hoping some big orders from China, as the demand in China for flash storage is greater than local production capacity. The target market is estimated at $82bn by 2023.

Among its prospects, XTX Technology – a China-based memory maker –successfully tested integration of ReRAM circuits with its products in December 2019.