The South Korean tech giant, Samsung has started production of the world’s first 512GB embedded Universal Flash Storage – eUFS – meaning the company’s upcoming flagship phones can now hold double what they could last year.

The new chips can store up to 130 10-minute Ultra HD videos, while read and write performance has also been given a boost. Sequential read and write speeds reach 860MB per second and 255MB per second respectively, which is enough to transfer a 5GB HD video clip to a solid state hard drive in around six seconds.

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The 512GB chip also has random read speed of 42,000 input/output operations per second (IOPS) and a write speed of 40,000 IOPS.

Samsung pitched its new chip by saying that next generation smartphones and tablets are the best candidates for it, and the company plans to “steadily increase an aggressive production volume” to meet the demand for greater mobile storage.