Weebit Nano Ltd: Inks Commercial Deal with DB HiTek

Weebit Nano Ltd (ASX: WBT) partners with DB HiTek, a major global foundry, to advance memory solutions for the semiconductor industry. Under this agreement, DB HiTek has secured a license to utilize Weebit's ReRAM technology as embedded non-volatile memory (NVM) in their system-on-chip (SoC) designs. DB HiTek, based in South Korea, is a global top-10 foundry with annual revenues exceeding AU$2 billion.

Weebit's ReRAM technology will be made available within DB HiTek's 130nm Bipolar-CMOS-DMOS (BCD) process, which is particularly suitable for analog, mixed-signal, and power designs in various applications, including consumer electronics, industrial devices, and IoT products. Weebit ReRAM offers several advantages, such as low power consumption, low voltage operation, cost-effectiveness, and excellent data retention at elevated temperatures. Unlike flash memory, ReRAM is a back-end-of-line (BEOL) technology that doesn't necessitate complex process tuning and delivers higher density and endurance compared to traditional Multi-Time Programmable (MTP) technologies.

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