Samsung Announces It Has Developed Worldâ€™s First 16Gb NAND Memory Chip
Samsung Electronics, Inc., the global leader in computer-memory chip manufacturing, has created the worldâ€™s first 16 Gigabit (Gb) NAND flash memory chip, using 50-nanometer technology in its production. The 16Gb flash memory chip can store up to 8,000 digital music files and data equal to 2 centuries of a forty-page daily newspaper. The chip will also improve performance and power consumption in consumer electronics. The newest Samsung flash memory chip holds 16.4 billion functional transistors, each measuring about the thickness of a strand of human hair. The company plans to begin production of the 16Gb flash memory chip in the third and fourth quarters of 2006. It has been reported that the NAND flash market has increased a total of seventy percent over the last five years, and according to Samsung, worldwide sales of NAND flash memory chips will rise to more than $10 billion this year, compared to about $7 billion in 2004.