Intel Micron have just announced the world's first 128Gb NAND device, as well as the mass production of 64Gb 20nm NAND. The new 128Gb device is a perfect compliment for small form factor tablets, smartphones, SSDs and high-performance compute devices.

The new 20nm 128Gb MLC NAND device doubles the storage capacity and performance of the companies' existing 20nm 64Gb NAND device. Intel and Micron continue to lead the industry with the most advanced NAND production process technology. The industry's first monolithic 128Gb part can store 1 terabit of data in a single fingertip-sized package with just eight die.

Doesn't sound exciting yet, does it? Well, 128Gb 20nm parts are set to go into mass production in Q2 of next year, where we should see SSD makers use octal (8) die packages using 128Gb NAND, this means we should see 1TB SSDs with just eight chips, or dual-sided 2TB SSDs. Excited now? For a more detailed breakdown of what to expect, check out the source.