{"id":14239,"date":"2023-10-26T00:59:49","date_gmt":"2023-10-25T21:59:49","guid":{"rendered":"https:\/\/www.weebit-nano.com\/?post_type=press_release&#038;p=14239"},"modified":"2023-10-25T15:50:41","modified_gmt":"2023-10-25T12:50:41","slug":"weebit-nanos-reram-ip-awarded-embedded-solution-product-of-the-year-in-the-electronic-industry-awards","status":"publish","type":"press_release","link":"https:\/\/www.weebit-nano.com\/news\/press-releases\/weebit-nanos-reram-ip-awarded-embedded-solution-product-of-the-year-in-the-electronic-industry-awards\/","title":{"rendered":"Weebit Nano\u2019s ReRAM IP Awarded ‘Embedded Solution Product of the Year’ in the Electronic Industry Awards"},"content":{"rendered":"<h4 style=\"text-align: center;\"><em>Innovative NVM technology recognized by industry peers<\/em><\/h4>\n<p><strong>HOD HASHARON, Israel \u2013 October 26, 2023 \u2013<\/strong> <a href=\"http:\/\/www.weebit-nano.com\/\" target=\"_blank\" rel=\"noopener\">Weebit Nano Limited<\/a> (ASX:WBT), a leading developer of advanced memory technologies for the global semiconductor industry, is proud to announce that its Weebit ReRAM IP has been awarded the Embedded Solution Product of the Year Award in the <a href=\"https:\/\/electronicsindustryawards.co.uk\" target=\"_blank\" rel=\"noopener\">Electronics Industry Awards 2023<\/a>. The annual awards ceremony took place last week in London.<\/p>\n<p>Weebit <a href=\"https:\/\/www.weebit-nano.com\/definition\/reram-or-rram\/\" target=\"_blank\" rel=\"noopener\">ReRAM<\/a> (<a href=\"https:\/\/www.weebit-nano.com\/definition\/rram\/\" target=\"_blank\" rel=\"noopener\">RRAM<\/a>) is a non-volatile memory (<a href=\"https:\/\/www.weebit-nano.com\/definition\/non-volatile-memory-nvm\/\" target=\"_blank\" rel=\"noopener\">NVM<\/a>) technology designed to be the successor to flash memory for a broad array of applications. It enables semiconductor memory elements to be much faster, lower cost, more reliable and more energy efficient than those using flash or other emerging NVMs.<\/p>\n<p>The annual Electronics Industry Awards, organized by Datateam Business Media, acknowledge the most innovative products, projects, individuals and companies from across the electronics sector. Winning this award provides an independent stamp of approval, as winners are voted for and decided by the semiconductor industry \u2013 electronics and systems designers and others in the engineering community \u2013 via the awards website.<\/p>\n<p><strong>Coby Hanoch, CEO of Weebit Nano, said:<\/strong> \u201cWe\u2019re honored that our ReRAM IP has been recognized in this year\u2019s Electronics Industry Awards by our peers in the semiconductor industry, many of whom are potential users of our technology. It\u2019s now well understood that embedded flash memory has reached its limits, and the industry needs a new NVM. Weebit ReRAM has significant advantages over other NVMs, translating to lower cost and lower risk for customers. This technology excellence is backed up by Weebit\u2019s unique combination of analog and digital design, process and device expertise, all of which enable us to continue to innovate rapidly and stay ahead of the competition.\u201d<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-14240\" src=\"https:\/\/www.weebit-nano.com\/wp-content\/uploads\/2023\/10\/EIA-PW-email-signature.png\" alt=\"\" width=\"1875\" height=\"313\" srcset=\"https:\/\/www.weebit-nano.com\/wp-content\/uploads\/2023\/10\/EIA-PW-email-signature.png 1875w, https:\/\/www.weebit-nano.com\/wp-content\/uploads\/2023\/10\/EIA-PW-email-signature-300x50.png 300w, https:\/\/www.weebit-nano.com\/wp-content\/uploads\/2023\/10\/EIA-PW-email-signature-1024x171.png 1024w, https:\/\/www.weebit-nano.com\/wp-content\/uploads\/2023\/10\/EIA-PW-email-signature-768x128.png 768w, https:\/\/www.weebit-nano.com\/wp-content\/uploads\/2023\/10\/EIA-PW-email-signature-1536x256.png 1536w\" sizes=\"(max-width: 1875px) 100vw, 1875px\" \/><\/p>\n<p><strong>About Weebit Nano Limited<\/strong><\/p>\n<p>Weebit Nano Ltd. is a leading developer of advanced semiconductor memory technology. The company\u2019s ground-breaking Resistive <a href=\"https:\/\/www.weebit-nano.com\/definition\/ram\/\" target=\"_blank\" rel=\"noopener\">RAM<\/a> (ReRAM) addresses the growing need for significantly higher performance and lower power memory solutions in a range of new electronic products such as Internet of Things (IoT) devices, smartphones, robotics, autonomous vehicles, 5G communications and artificial intelligence. Weebit ReRAM allows semiconductor memory elements to be significantly faster, less expensive, more reliable and more energy efficient than those using existing Flash memory solutions. As it is based on fab-friendly materials, the technology can be quickly and easily integrated with existing flows and processes, without the need for special equipment or large investments. See <a href=\"http:\/\/www.weebit-nano.com\" target=\"_blank\" rel=\"noopener\">www.weebit-nano.com<\/a> and follow us on <a href=\"https:\/\/twitter.com\/WeebitNano\" target=\"_blank\" rel=\"noopener\">https:\/\/twitter.com\/WeebitNano<\/a>.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><em>Weebit Nano and the Weebit Nano logo are trademarks or registered trademarks of Weebit Nano Ltd. in the United States and other countries. Other company, product, and service names may be trademarks or service marks of others.<\/em><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><strong>-ENDS-<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Weebit Nano Investors<\/strong><\/p>\n<p>Eric Kuret, Automic Group<\/p>\n<p>P: +61 417 311 335<\/p>\n<p>E: <a href=\"mailto:eric.kuret@automicgroup.com.au\">eric.kuret@automicgroup.com.au<\/a><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Weebit Nano Media \u2013 Australia<\/strong><\/p>\n<p>Tristan Everett, Automic Group<\/p>\n<p>P: +61 403 789 096<\/p>\n<p>E: <a href=\"mailto:tristan.everett@automicgroup.com.au\">tristan.everett@automicgroup.com.au<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Weebit Nano Media \u2013 US<\/strong><\/p>\n<p>Jen Bernier-Santarini, Weebit Nano<\/p>\n<p>P: +1 650-336-4222<\/p>\n<p>E: <a href=\"mailto:jen@weebit-nano.com\">jen@weebit-nano.com<\/a><\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"class_list":["post-14239","press_release","type-press_release","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Weebit Nano\u2019s ReRAM IP Awarded &#039;Embedded Solution Product of the Year&#039; in the Electronic Industry Awards | Weebit<\/title>\n<meta name=\"description\" content=\"Weebit PR about Weebit Nano\u2019s ReRAM IP Awarded &#039;Embedded Solution Product of the Year&#039; in the Electronic Industry Awards\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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