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Weebit looks forward to first revenue in 2023

Coby Hanoch, CEO of resistive RAM pioneer Weebit Nano Ltd. (Hod Hasharon, Israel), has said he expects the company to make its initial sales in 2023.

www.eenewseurope.com/en/domain/eenews-analog/, Jan. 31, 2023 – 

In a quarterly round up of progress at the listed startup for 2QFY23 Hanoch said: "Weebit Nano achieved key milestones in its commercialisation roadmap during the period, receiving the first silicon wafers with its embedded ReRAM from a commercial fab, commencing qualification at SkyWater, taping-out its first 22nm demo chip, ramping up discussions and evaluations with Tier-1 foundries and potential customers, and progressing longer-term development activities for the discrete memory market. Our progress in the first half of the financial year means we are well-placed to productise our embedded ReRAM technology and secure first revenues in 2023."

He added that technology qualification is now underway with Skywater Technology on its 130nm manufacturing process and should be completed in the 1H23 enabling mass production in 2H23.

Hanoch added that TSMC's offer of ReRAM as an alternative non-volatile memory has changed perceptions about the technology (see Infineon's microcontrollers to go RRAM with TSMC).

"Demand for ReRAM is growing rapidly with many Tier-1 foundries now looking to add ReRAM as an alternative NVM to cater to customer requests. The use of ReRAM from the world's leading foundry in major consumer products has been instrumental in changing industry perception of ReRAM as a future technology to one that is available right now," Hanoch said.

Hanoch said Weebit is now engaged with multiple world-leading wafer fabs.

Meanwhile Weebit and Leti have started a qualification process for higher temperatures and for higher cycling endurance.

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