Researchers from the University of Michigan developed a new compound, created from a unique low-symmetry crystal structure, that is very promising for spintronics applications.
The new crystal compound is made from Iron, Bismuth and Selenium, and this creates a complex crystal that offers greater flexibility compared to current crystalline structures. The researchers says that the new compound enables them to arrange atoms in a huge number of different combinations so that they can manipulate conductivity and magnetism independently.
At this stage, the compound was created in powder form. The next step (which will take about a year, hopefully) is to manufacture it in a thin film, so it's suitable for a spintronics device.