We have investigated phase separation and grain growth of Co in Co-(Si, Sm,
In, Si-In)-O granular films and found significant grain growth in Co-In-O
at low annealing temperature. Using this non-magnetic matrix, the annealing
temperature necessary for optimal granular structures can be reduced signi
ficantly compared with conventional Co-Si-O and Co-Sm-O granular systems. A
newly proposed phase separation model based on the bonding energy of const
ituent elements qualitatively explains all the experimental results. (C) 20
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