Weebit - 2021and beyond, page-78

It's worth listening to this interview again and take note from about the 6 min mark when Dadi speaks.

Follow that up with the statement from Dadi & Coby below together with today's announcement and there is no
doubt in my mind there are exciting times ahead!

From the Chairman & CEO update on 28th August 2020

We remain incredibly optimistic about the market opportunity for Weebit’s SiOx ReRAM technology. There is
a huge need within the semiconductor industry for faster and more efficient memory technology, and there
is somewhat of an “arms race” playing out at present. We believe our ReRAM memory is a leading contender
to address this demand.
The biggest competitive advantage for our technology is that it uses silicon oxide (SiOx), the most commonly
used material in the semiconductor industry. This has enabled us to progress our development significantly
faster than other memory technologies, and positions us very strongly to work with multi-billion dollar
fabrication facilities, as they are already designed for SiOx so the technology transfer is considerably easier
than for our competition.
China is currently building around 30 fabrication facilities based on standard manufacturing with SiOx,
providing significant opportunities for Weebit’s technology in this market. Weebit is already working with two
Chinese-based semiconductor companies, XTX Technology and SiEn, and is also in discussion with a number
of other interested parties.

https://www.weebit-nano.com/wp-content/uploads/2020/08/200828-Chairman-CEO-Update-and-Review-of-Operations-E28093-Annual-Report.pdf
https://weebit-nano.com/wp-content/uploads/2020/09/200914-Eran-Briman-Appointed.pdf