Nano electronic memory

Researchers at philips electronics have come up with a semiconducting alloy called antimony/tellurium to integrate memory in very advanced semiconductors feauturing very thin circuits.
The new material needs only a tiny voltage to switch between 'on' & 'off' states, which is used to 'remember' the data stored on a chip. this makes it useful for future chips that will have thinner & smaller circuits & work with lower power levels than current chips.
The material will remember the data after the power of the chip has been switched off, similar to today's flash memory chips used in portable music players & digital cameras.