Hynix develops cost effective NAND flash memory

Hynix has developed a new cost-effective NAND flash memory that is 30 percent smaller than the chips currently in widespread use. The 32-gigabyte memory, developed using the company’s “triple-level-cell” technology, allows much higher data storage than the widely-used NAND flash memories of multi-level cells and is expected to cut the cost of production.

The new Hynix NAND flash memory can store up to 8,000 MP3 music files or 20 high-definition feature-length movie files. Hynix plans to begin mass production of the new chip in October.