A Samsung smartphone sits on display at an AT&T store in Austin, Texas, April 16. AFP-Yonhap

Samsung Electronics, the world's largest memory chipmaker, said Wednesday it has developed the industry's first low-power double data rate 5X (LPDDR5X) DRAM chips, a memory solution tailored for AI applications.

The new chip supports the industry's highest performance of up to 10.7 gigabits-per-second (Gbps), improving performance by more than 25 percent and capacity by more than 30 percent compared with the previous generation, according to Samsung Electronics.

Low-power, high-performance LPDDR chips are playing a growing role in the rapidly expanding market for on-device AI, where AI runs on the device itself.

Samsung Electronics said its latest LPDDR5X products were leveraged with 12 nanometer-class process technology to achieve the smallest chip size among existing LPDDR chips, helping the company solidify its technological leadership in the low-power DRAM market.

"Samsung will continue to innovate and deliver optimized products for the upcoming on-device AI era through close collaboration with customers," the company said.

Mass production of the LPDDR5X is scheduled to begin by the second half of the year, following verification by providers of mobile application processors and mobile devices, Samsung Electronics said. (Yonhap)