Intel and Micron have announced a new high-density, cost-effective memory chip, that could bring down the price of flash cards and USB drives. The chip uses 3-bit-per-cell (3bpc) multi-level cell (MLC) NAND technology and is manufactured on a 32nm production line; the two companies are calling it "the industry's smallest and most cost-effective 32-gigabit chip that is currently available on the market."
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