Samsung Electronics has begun production of its 2GB Low Power Double Data Rate 5 (LPDDR5) mobile DRAM, the company announced.
The world's largest memory chip maker will package eight of them into a 12GB LPDDR5 DRAM and supply it for new flagship smartphones, the company said.
Samsung first introduced 12GB DRAM in March, which had been made out of the previous generation 12Gb LPDDR4X.
The newer DRAM boasts data rates of 5,500Mbps, which is 1.3 times faster than the DRAM unveiled in March, while consuming 30% less power. The new memory chip will improve the stability of 5G smartphones when filming high-definition videos and activating artificial intelligence and machine learning features.
Samsung also said it would consider plans to expand production capacity for the latest LPDDR5 DRAM at its Pyeongtaek fab if customer demand for the chip is high.
The company's memory semiconductor business has been a profit darling for the past two years but the market has recently faced a downturn, with the South Korean conglomerate expecting a profit drop of 56% in the second quarter.
In preparation for when the market recovers, Samsung has doubled down on investment and development for its chip business, with the company also announcing its plans to ship DRAM with data rates of 6,400Mbps next year and begin development of 16GB LPDDR5 to increase its competence in the premium mobile market.
Samsung's upcoming Galaxy Note 10 smartphone is expected to launch on August 7.
Samsung Electronics, SK Telecom, KT, LG Uplus, KEB Hana Bank, Woori Bank, and Koscom have formed a consortium to build a new blockchain network as a foundation for a new mobile authentication service.
Samsung is expecting operating profits of 6.5 trillion won for the second quarter, a drop of 56% from 14.87 trillion won a year ago caused by the downturn in its memory semiconductor business.
Samsung says its first commercial embedded magnetic random access memory (eMRAM) has writing speeds that are a thousand times faster than eFlash.
Samsung plans to triple the volume of 8GB and 12GB DRAM units in anticipation of higher demand for devices with massive memory.
PC OEMs are building less computers due to a shortage of Intel CPUs, sending the DRAM market into freefall.