Micron Technology is an American company wthat makes various semiconductor devices - RAM, flash memory, etc. It's just announced that it reckons it will be able to build a blazing-fast Solid State Drive before the end of next year that'll be able to transfer data at rates of up to 1GB/s. Oh, and they're showing it off too, in the wonderfully smug video above.
Currently, they've managed to hit 800MB/s throughput, and 150,000 - 160,000 random reads per second. They're hoping to get that latter figure up to 200,000. For comparison, the current fastest-available SSD, from Intel, can do 250MB/s data transfers and just 35,000 operations per second.
Of course, that doesn't mean that this tech will be in your laptop next year. It'll take a little while longer than that, and initially only be available for servers, but if anything, it shows that the rapid pace of innovation continues in the world of flash storage.