From Digital to Analogue Magnetoelectronics: Theory of Transport in Non-Collinear Magnetic Nanostructures

Magnetoelectronics is mainly digital, i.e. governed by up and down magnetizations. In contrast, analogue magnetoelectronics makes use of phenomena occuring for non-collinear magnetization configurations. Here we review theories which have recently been applied to the transport in noncollinear magnetic nanostructures in two and multiterminal structures, viz. random matrix and circuit theory. Both are not valid for highly transparent systems in a resistive environment like perpendicular metallic spin valves. The solution to this problem is a renormalization of the conventional and spin-mixing conductance parameters.