South Korea's Hynix Semiconductor said Sunday it has developed what it calls the fastest data-processing one-gigabit memory chip for cellphones and other mobile applications.

Hynix, the world's number-two chipmaker, said the new chip can process data at 800Mbps at 1.2V power supply, which it said outstrips existing chips on the market. It is built on the Company?s 66nm process technology. In addition, the chip's small form factor package of 9mm x 12mm, allow it to meet the needs of a wide range of mobile applications.



"It is designed to meet the needs of a wide range of moible applications which demand high memory density and fast operating speed features," it said.

Hynix said it would begin mass-producing the new chip, dubbed the LPDDR2 (Low power DDR2), in the fourth quarter of this year. The product meets JEDEC standard and it is expected to lead international LPDDR2 standard, according to the company.