Nanotechnology-Based Data Storage on Rise (UPI)
Industry buzz is rising around MRAM, or magnetic RAM, where data are stored not electrically but magnetically. The advantage of MRAM is it preserves data after systems are switched off, which means computers, digital cameras, PDAs and other devices can be built with nonvolatile memory, the kind immediately ready for use after switching on.
- Nanotechnology could yield billions of
dollars of new data storage devices, based on exotic technologies, in
just the next few years, with vastly larger memory and faster response
times, analysts said.
Advances customers could see from such devices include cell phones Latest News about cell phones with enough memory to download movies, suggested Lawrence Gasman, principal analyst for NanoMarkets, an industry research firm in Sterling, Va. The global market for such nanobased storage -- engineered at the scale of nanometers, or billionths of a meter, which is shorter than a wavelength of visible light -- is expected to increase dramatically.
Experts predict a growth from $97 million in 2004 to $17.9 billion by 2008 and $65.7 billion by 2011, large enough to suggest future disruptions in existing markets and potentially the rise of new industry giants. More here
Nano Memory Scheme Handles Defects (Technology Review, via Techno-News Blog)