Israeli advanced memory technologies developer and licensor Weebit Nano Limited (ASX: WBT) has licensed its resistive random access memory (ReRAM) technology to onsemi (NASDAQ: ON), a tier-1 semiconductor supplier.
As per the agreement, Weebit ReRAM IP will be integrated into onsemi’s Treo platform, to provide embedded non-volatile memory (NVM). Weebit ReRAM integration into a Bipolar CMOS, DMOS (BCD) process provides a low-power, cost-effective NVM that has proven excellent retention at high temperatures.
Speaking on the occasion, Coby Hanoch, CEO of Weebit Nano, says, “We are delighted to announce Weebit’s latest commercial agreement with onsemi, one of the world’s top semiconductor integrated device manufacturers. This agreement is further industry recognition that ReRAM is the non-volatile memory solution best positioned to replace traditional flash storage, with Weebit being a leading independent provider of ReRAM.”