Samsung Electronics Co., the world's largest computer memory chip maker, has developed what it says is the world's first two-gigabit high-capacity memory chip.

The president of Samsung Electronics' semiconductor division announced Monday it had successfully developed the double-data-rate (DDR) dynamic random access memory (D-RAM) chip by using existing micro-processing technology.

Samsung says the new D-D-R D-RAM chip was developed by using the existing 80-nano technology instead of technology on a scale of 65 nanometers or less.

Samsung also announced the development of a 60 nanometer eight-gigabit NAND flash memory chip, which will allow designs of up to 16 Gigabytes of storage on a single memory card. Those 16 gigabytes of memory translate into storage of up to 16 hours of DVD quality video or four thousand MP3 audio files and more than one hundred-thousand newspaper pages.

Samsung's advanced 60 nanometer process technology is two thousandths the width of a strand of human hair, and achieves approximately 30 percent reduction in cell size over the 70 nanometer four gigabit NAND Flash memory developed last year.