Samsung is bringing the industry's first 8 gigabit, low power DDR4 memory chip, which uses a latest technology to boost device performance and enable low power consumption.

Samsung is making a new move to stay well ahead of its competitors in mobile technology. After showing off 4Gb and 6Gb DDR3 memory chips, the South Korean tech giant announced the industry's first 8Gb low power double data rate 4 (LPDDR4) memory chips for future smartphones, tablets and laptops. The new memory chipset is built using 20-nanometer class process technology and offers the largest density of 1GB available for DRAM components.

The new chipset will also make room for higher RAM on a smartphone, so be prepared for a boost from Galaxy Note 3's 3GB RAM to future phone's 4GB RAM. The boost in performance with the new 8 gigabit low power DDR4 will be 50 percent higher than the low power DDR3 memory chips and will also consume 40 percent less power than its predecessors.

"This next-generation LPDDR4 DRAM will contribute significantly to faster growth of the global mobile DRAM market, which will soon comprise the largest share of the entire DRAM market," Young-Hyun Jun, executive vice president, memory sales & marketing, Samsung Electronics, said in a press release. "We will continue introducing the most advanced mobile DRAM one step ahead of the rest of the industry so that global OEMs can launch innovative mobile devices with exceptional user convenience in the timeliest manner."

Samsung is making the right move with its new memory chips. It has already ventured into the future of smartphones with ultra high-definition displays, longer battery life and advanced high-end features. The new LPDDR4 will be best suited to power UHD displays that offer four times the resolution of current full-HD displays.

Samsung has planned to integrate the new high-density memory chips in next generation mobile devices, including smartphones, tablets and laptops, in 2014.