SEOUL, KOREA & TAIPEI, TAIWAN: The management committee of the consumer electronics and memory giant, Samsung Electronics, has authorized a KRW 946.8 billion investment in expanding and upgrading the existing memory lines.

According to the company, the purpose of this investment is to meet the growing market demand and also strengthen the cost competitiveness by maximizing the production capacity.

In another development, Samsung has also introduced the world's fastest, 2.5-inch, 256GB multi-level cell (MLC) based solid state drive (SSD) using a SATA II interface at the recently concluded fifth annual Samsung Mobile Solution Forum held in Taipei.

Samsung's 256GB SSD is also the thinnest drive with the largest capacity to be offered with a SATA II interface.

With a sequential read speed of 200 megabytes per second and sequential write speed of 160MB/s, Samsung's MLC-based 2.5-inch 256GB SSD is about 2.4 times faster than a typical HDD.

Furthermore, the new 256 GB SSD is only 9.5millimeters (mm) thick, and measures 100.3x69.85 mm.

Once introduced, the Samsung's 256GB SSD will mark the largest capacity SSD from the global market leader in SSD sales, effectively eliminating density as a barrier to SSD adoption in the consumer space.