A theory of giant magnetoimpedance (GMI) in anisotropic magnetic wires is p
resented. The theory is valid over a broad field and frequency range. The e
mphasis is put on the GMI response in the low field region, where the wire
is not saturated. The behavior of the wire may be described using three mag
netic modes of mixed electromagnetic and spin wave character and one nonmag
netic mode, which is uncoupled from the magnetic response of the material.
The properties of these four modes are discussed, with particular attention
to the exchange-conductivity effects, which play a decisive role at modera
te frequency. Application of the theory to real material is examined, with
an outline of its applicability and its limitations. Predictions of the mod
el compare well with experimental data on CoFeSiB wire. (C) 2000 American I
nstitute of Physics. [S0021-8979(00)04313-9].