There's a new "memory" in town!

Say goodbye to the "old" flash memory. Apparently, IBM, Macronix, and Qimond are working on a new "species" of memory, called the "phase-change" memory, which appears to be 500 times faster and uses half the power to boot than the flash memory.

But, what is exactly the "phase-change" memory? Does anybody know?

Source: Engadget