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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

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Mamdani's pied-à-terre tax was designed to hit the wealthy, but it's sending most New Yorkers to their estate lawyers
TechSamsung

Samsung unveils the world’s biggest hard drive

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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August 14, 2015, 11:56 AM ET
Newest Innovations In Consumer Technology On Display At 2015 International CES
LAS VEGAS, NV - JANUARY 06: Attendees watch Samsung SUHD TVs at the 2015 International CES at the Las Vegas Convention Center on January 6, 2015 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs through January 9 and is expected to feature 3,600 exhibitors showing off their latest products and services to about 150,000 attendees. (Photo by David Becker/Getty Images)Photograph by David Becker — Getty Images
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Samsung is the maker of the world’s largest hard drive. The upcoming product has 16TB of storage, which it announced at California’s Flash Memory Summit recently, according to The Independent.

Samsung is reportedly using a stacking technique for the memory within the standardly-sized product to fit more memory than in past items.

As the publication noted, the previously biggest hard drives could fit about 10TB of memory. The product will most likely be used by businesses to be used in servers, according to Samsung.

Per Ars Technica:

The secret sauce behind Samsung’s 16TB SSD is the company’s new 256Gbit (32GB) NAND flash die; twice the capacity of 128Gbit NAND dies that were commercialised by various chip makers last year. To reach such an astonishing density, Samsung has managed to cram 48 layers of 3-bits-per-cell (TLC) 3D V-NAND into a single die. This is up from 24 layers in 2013, and then 36 layers in 2014.

Ars notes that it probably won’t cost less than $7,800, although a price has yet to be officially announced.

About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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