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January 28th, 2005
Nano World: MRAM rising as nano-memory
In the next decade, the leading method of data storage could be nanotechnology-based magnetic RAM or MRAM, which is expected to grow to a market of $2.1 billion by 2008 and $16.1 billion by 2012.
"The most surprising thing to me is how soon this looks like it's coming, and how many companies there actually are looking at it as a commercial prospect," Lawrence Gasman, principal analyst for NanoMarkets, an industry research firm in Sterling, Va., told UPI's Nano World. "It will probably be overhyped like these kinds of things always are, but it looks like a nice little sector is emerging here."
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