Korean web site Comtimes is reporting that Samsung has today announced it has managed to create a 1Gb flash memory. Earlier this year, Japanese firm Toshiba said it had managed to put 256Mb on a flash module. According to Comtimes, the Samsung process works at 2.5V and uses a 0.15 micron process, so making it suitable for notebook computers. That is, if the price is right. Market research indicates that the flash memory business will be extraordinarily lucrative over the next three years. Demand is being fuelled by MP3 devices and digital cameras, with units shipped this year expected to run into 400 million, reaching over two billion pieces by the year 2002. Samsung already has a large share of the market. The company did not say when the first 1Gb modules will be shipped. ®