The new 512-Megabit DDR3 (double data rate 3) DRAM (dynamic random access memory) chip can process data at a rate of 1,066 Megabits per second, the data equivalent of 8,000 newspaper pages a second and double the speed of the existing DDR2 DRAM chips.

DDR3 will become the standard for the next generation of ultra-fast, low-power-consuming memory chips used in notebook computers, desktops and servers, the semiconductor giant said.

"Our success here with DDR3 continues our relentless push to bring the most advanced memory devices to the market at the fastest possible pace," Samsung Senior Vice President Tom Quinn said.

The DDR3 prototype is the first memory chip operating on 1.5 volts, making it less of a drain on batteries in an increasingly wireless world, the company said.

Samsung will begin the commercial production of the new chip in early next year.

Semiconductor market research firm IDC said the first DDR3 DRAMs would be sold in 2006 and the chip would represent 65 percent of the entire global DRAM market by 2009.

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