IBM researchers are working on a new type of memory for computers and electronic devices that could one day replace both magnetic and flash storage in computers. IBM says that Racetrack memory could increase the storage capacity of MP3 players 100 times.
The IBM scientists point out that Racetrack memory is still 7 to 8 years away. "We have demonstrated the physics and materials underlying racetrack memory," said Dr Stuart Parkin, an IBM fellow at the Almaden laboratory.
The researchers say that it will take another four years to build the prototype and then three to four more years to refine the prototype for commercial use. The memory is called race track because of the method use to store data in boundaries between magnetic regions in nanowires.
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Via BBC News