The CSIRO just flagged AI as a $315bn industry — here’s what ASX small caps have been up to in the space
Artificial intelligence (AI) is about to be big business, according to the CSIRO’s innovation hub Data61. The research centre estimates Read More The post The CSIRO just flagged AI as a $315bn industry — here’s what ASX small caps have been up to in the space appeared first on Stockhead.
Unlike other emerging memory technologies , and unlike other ReRAM implementations, Weebit ’s ReRAM memory is made from the most common material in the semiconductor Weebit Nano is an Israeli company founded in 2015 and traded on the ASX (Australian Stock Exchange) since 2016.
Weebit Nano ’s technology – An easy-to-manufacture, fast, cost effective and energy-efficient nonvolatile ReRAM (Resistive RAM). The key challenge in ReRAM technology is in choosing the appropriate resistive material that enables changes to its chemical or physical structure, and is able to
Weebit Nano (ASX: WBT) had some positive test results for the market this morning, as it looks to deploy technology that can improve efficiencies in the manufacture of semiconductors.
The company has been busy running tests in recent months with its research partner Leti, the France-based research institute.
The goal has been to show that Weebit’s technology can reduce the number of “masks” required in semiconductor production, down from the industry average of seven-to-10.
Weebit said today that testing “confirmed it is possible to produce Weebit’s ReRam tech as an embedded memory using two, or possibly only one, additional mask”.
'Sensing the Earth': Nano-satellites swarm to boost disaster readiness
If the ill-fated Malaysia Airlines Flight 370 were to fly today, private companies would have tracked its path well before it was disappeared.Spire, a US-based builder and operator of these satellites, picks up radio signals from every aircraft and ship plying the seas.
Weebit ’s focus on producing its ReRAM technology using Silicon Oxide (SiOx), and avoiding non-standard materials, enables it to make very fast progress and will enable fast adoption of the technology in production fabs once it is ready for productization.
Weebit Nano Ltd (ASX:WBT) has achieved successful endurance results for its ReRAM cells, demonstrating stable voltage and endurance levels Weebit and its partner Leti, the French research institute recognised as a global leader in the field of microelectronics, performed the tests which
The update was good enough to give WBT shares a bounce in morning trade, although the stock remains well off its January 2019 highs above 80c.
Less masks, more profits
In its update this morning, Weebit explained that the semiconductor manufacturing process required a series of wafers that were layered on top of one another and patterned through a series of masks.
At geometry levels below 28 nanometres (nm – one billionth of a meter), “the mask set required to produce a semiconductor device can cost millions of dollars”, the company said.
As a result, reducing the mask set to one or two (down from seven to 10) can “significantly benefit” costs and underlying profits.
The company said the early testing results indicated the technology’s potential to address one of the key problems in semiconductor composition — increased wafer malfunction during the “delicate” production process.
Microsoft's CEO wants Australians to build their own apps – and says diversity and trust in tech is key
Microsoft CEO Satya Nadella said he wants to see more digital technology coming out of Australia. At his keynote address during the Microsoft Innovate event in Sydney, Nadella highlighted some Australian businesses that are using Microsoft software, like Qantas training engineers with mixed reality glasses. Nadella also mentioned that when it comes to creating new technology, it is vital to build trust. Microsoft's CEO wants to see more digital applications coming out of Australia.
Semiconductor developer Weebit Nano (ASX: WBT) has taken a definitive step towards commercialising its ground-breaking silicon oxide memory technology after announcing a Development Program Partnership with Silvaco.
Semiconductor developer Weebit Nano (ASX: WBT) has extended its agreement with partner Leti first signed in 2016, the French research institute, to aid The extension to its agreement with Leti intends to allow Weebit to accelerate the optimising of its manufacturing process required to achieve industry
Weebit CEO Coby Hanoch said that in conversation with prospective customers, cutting mask rates and increasing the wafer yield had both been high on the agenda.
With testing confirming that Weebit arrays can use a smaller number of masks, “we will be able to save our customers millions of dollars, reduce manufacturing times and significantly decrease error risks in their production processes”.
Stockhead has contacted Weebit Nano for further details on the potential to convert its low-mask technology to revenue, and the time frame for commercialisation.
In other ASX tech news today:
Adtech company Engage:BDR (ASX:EN1) provided a market update on its various operations, announcing that its programmatic advertisting platform AdCel had commenced integration with the TikTok app. The company said it had signed 19 new programmatic partners in 2019 and had issued shares to reduce its current debt liabilities. Shares in EN1 were up 4.35 per cent to 2.4c, down from 2019 highs above 5c.
And shares in cyber-safety company Family Zone Cyber (ASX:FZO) rose more than 8 per cent to 19.5c, on news it had deployed funds from its recent capital raising to beef up its US sales team as it looks to execute on a multi-channel strategy to gain a foothold in the US market.
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Panasonic to sell its chip unit to Taiwan's Nuvoton for $250 million .
Panasonic to sell its chip unit to Taiwan's Nuvoton for $250 millionThe sale is part of Panasonic's plans to cut fixed costs by 100 billion yen ($920 million) by the year ending in March 2022 by consolidating production sites and overhauling loss-making businesses.