At the International Electronics Forum 2011 in Seville, a senior fellow from Hewlett Packard declared that his company, within 18 months, will replace the NAND flash and solid state drives (SSD) with a new non-volatile memory chip.
Stan Williams said, "We're planning to put a replacement chip (called Memristor) on the market to go up against flash within a year and a half" reports ElectonicsWeekly. Regarding the SSD replacement he mentioned that the company is intending to replace it in a year and a half.
Williams quoted that, “Flash is a done deal.” HP last year entered into a deal with Hynix a South Korean chip making company to manufacture a next generation non-volatile memory product.
Known as Memristor, short for memory resistor, it is nothing else but a resistor accompanied by memory. HP earlier said that Memristors can also perform logic.
Thus, the chip performs as a processor as well as a storage device which means one day this thing can take the position of central processing units as well as the mass storage device.
Spokeswoman of HP told recently to the Computerworld that, “HP has a goal to see Memristor products by the end of 2013.” However, it is not a scheduled deadline or anything.