August 2016

Western Digital announced that its 3D RRAM development is "finished" (this developed started by SanDisk, which is now owned by WD). WD's current plan is to release memory products based on 3D RRAM in 12-24 months - in the same fab that produces flash (NAND) memory.

Western Digital will at first aim to use RRAM in "specialized" SCM memory devices, but the plan is to scale up RRAM to eventually (2020?) become a "Universal Memory".

Israel-based RRAM developer Weebit Nano has made its debut on the Australian share market, trading under the ticker ASX:WBT, following a reverse merger with a mining company shell called Radar Iron Ltd.

As part of the share floating, Weebit raised $5 million AUD, and the company reportedly aims to raise a further $10 million AUD in the coming weeks. The company's shares started the day at 5 cents but ended it on 4 cents putting the market cap at $13.4 million AUD.