Development of Advanced Diluted Magnetic Semiconductors for Spin Transistors

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Recent advances in diluted magnetic semiconductors hold the promise of surmounting the fundamental limits of silicon technology by exploiting the spin degree of freedom in semiconductors to realize spin-transistors with enhanced functionality, higher speeds and integration densities, and lower power consumption in future. Current transistors are electronic circuits that make up most semiconductors, an international market worth US$200bn in 2003 and this market will grow to US$1000bn per year in next 12 years. In 8 years time, the spin transistor will be on par with electronics. Therefore, success of this program will facilitate the development of spintronic materials and technologies, which have enormous international market, in Australia.