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Weebit looks forward to first revenue in 2023

Weebit looks forward to first revenue in 2023

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By Peter Clarke



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.

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.

In addition, Hanoch said, Weebit and Leti continue to make progress on a ReRAM selector device to enable high-capacity arrays.  While the initial focus of Weebit’s ReRAM selector was for discrete chips, the recent progress makes it also suitable for future embedded applications, such as edge AI and automotive, Hanoch said.

Related links and articles:

www.weebit-nano.com

News articles:

Weebit tapes out ReRAM on 22nm FDSOI process

Infineon’s microcontrollers to go RRAM with TSMC

Weebit qualifies ReRAM for production on 130nm process

Weebit tapes out ReRAM demo chip with SkyWater foundry

Weebit moves ReRAM on to ‘secret-sauce’ materials

Chinese ReRAM startup raises $100 million

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