Weebit is adapting its RRAM technology to meet a Tier-2 customer unique memory requirements

Israel-based RRAM developer Weebit Nano announced that it is in "advanced discussions" with a Tier-2 company to adapt Weebit's technology to meet the customer's unique memory module requirements.

Weebit packaged RRAM chip photoWeebit Nano also announced that it has signed an agreement with Kitec Design that will be Weebit's representative in South Korea, Weebit's most important market (as Korea produces 57% of the global memory chip supply). Weebit is already engaging with several potential customers in Korea, including the Tier-2 company.

In May 2018 Weebit prototyped 1Kb 40 nm RRAM chips. In November 2017 we posted an interview with Weebit's new CEO, which explains the company's technology and business. In September 2018 Weebit raised $3 million AUD ($2.16 million USD) via a share placement.

Posted: Jul 24,2019 by Ron Mertens