Rehashing what we already know but for the possible benefit of any newcomers -
Weebit is pitching the technology as a flash memory "killer" that will have the ability to outperform the incumbent non-volatile memory and scale beyond it in terms of physical dimensions.
Weebit said it has demonstrated a working SiOx ReRAM that outperforms flash memory in all key parameters; is 1,000 times faster to read and write, higher reliability and lower power consumption with memory cells at one-tenth the size of flash.
The applications for Weebit's memory are as broad as for flash memory, which is approximately a $37 billion annual market. They include smartphones and tablet computers, automotive, industrial and medical applications, wearables and the Internet of Things. In cloud data centers storage is implemented in solid-state flash drives (SSDs) and Weebit expects the flash memory to be replaced by ReRAM.
In addition, the SiOx memory has demonstrated a degree of radiation hardness. In 2012, Rice University sent SiOx memory chips to the International Space Station for testing. The memories survived two years in space under exposure to radioactive solar and cosmic rays with zero deterioration or loss of performance.
http://www.eetimes.com/document.asp?doc_id=1329251
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