Samsung Elecronics Co., the largest memory chipmaker in the world, said Wednesday that it has developed the world's first Phase-Change RAM (PRAM) chip for cell phones, which is expected to become the new standard central processing unit (CPU) for the global mobile phone industry.
Samsung's new 512 megabyte PRAM Multi-Chip Package (MCP) runs three times faster than the NOR flash memory chips most widely used in regular cell phone models, while offering the same features as the memory devices currently used in the market, making it more efficient in processing data, the company said in a statement.
The company said it plans to expand the use of its new PRAM technology into other areas including large data storage, MP3 players, portable multimedia players, as well as digital TVs in the future.
The market for PRAM devices are expected to blossom into a 550 million U.S. dollar industry by 2013 from 10 million U.S. dollars this year, it added.