The present invention discloses a memory and a manufacturing method thereof. A memory element comprises a first insulating layer, a second insulating layer, an
isolation layer, a floating gate
electrode, a control gate
electrode, a channel layer and a tunneling
oxide layer. The second insulating layer is adjacent to and parallel with the first insulating layer and defines an interlayer space with the first insulating layer, the
isolation layer is located in the interlayer space, and the included angle of the
isolation layer and the first insulating layer is a non-flat angle. The interlayer space is isolated into a first concave chamber and a second concave chamber, the floating gate
electrode is located in the first concave chamber, and the control gate electrode is located in the second concave chamber. The channel layer is located at the outer side of the opening of the first concave chamber, the included angle of the channel layer and the first insulating layer is a non-flat angle, and the tunneling
oxide layer is located between the channel layer and the floating gate electrode.