Micron Technology has released a new solid state drive, named Micron 2550 NVMe SSDm. The company claims the 2550 is the world’s first SSD to ship with NAND, a type of stable storage technology that doesn’t require power to hold data, with over 200 layers. The US manufacturer has reserved the new drive for use in consumer laptops and desktops, saying it can launch apps faster and respond more quickly across devices.
The current business environment is not the most favorable for Micron’s NAND production. According to research (opens in a new tab) from market intelligence firm Trend Force, the total revenue of the NAND manufacturing industry fell 24.3% QoQ. Micron recorded a 26.2% drop in revenue to $1.69 billion between Q2 2022 and Q3 2022.
Gaming, consumer and professional clients. Micron says the new drive will enable sequential read performance of up to 5 gigabytes per second as well as sequential write performance of up to 4 gigabytes per second, 1.4 and 1.3 times faster, respectively, than SSDs. previous generation. In addition, the manufacturer claims that Micron 2550 SSD technology, including “predictive cache optimization”, can improve user experience.
Widespread industry displeasure hasn’t stopped many manufacturers from announcing ambitious new NAND products. South Korean manufacturer SK hynix announced a new memory chip at the Flash Memory Summit in Santa Clara. The new chip, which is expected to enter mass production in the first half of 2023, will feature “the world’s first 512GB 238-layer 4D TLC NAND”, taking the world record from Micron for most layers in NAND reader.