If Stuart Parkin proves successful in his current quest at the San Jose IBM Research Center, he will create a “universal” computer memory, one that can potentially replace dynamic random access memory, or DRAM, and flash memory chips, and even make a “disk drive on a chip” possible.
It could begin to replace flash memory in three to five years. Not only would it allow every consumer to carry data equivalent to a college library on small portable devices, but a tenfold or hundredfold increase in memory would undoubtedly unleash the creativity of engineers who would develop totally new entertainment, communication and information products.

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