Elpida Memory and Sharp announced that they will co-develop ReRAM memory, which will be commercialized in 2013. ReRAM (resistive random access memory) uses less power and can write data 10,000 faster than NAND flash. When on standby mode, it uses almost no power at all.

This collaboration will also include other Japanese companies and institutes, including the National Institute of Advanced Industrial Science and Technology and the University of Tokyo.