Toshiba and SanDisk have partnered with each other and the two companies have introduced their new product together. It's a miniscule memory chip with huge storage capacity. Toshiba has been known for making and bringing in the smallest chips to the market, which only measure a few nanometers in size. SanDisk, on the other hand, is an established maker of storage devices.

The new memory chip has a 256GB storage capacity, which is eight times the size of the standard memory for USBs these days. The new chip will also stack in 48 layers and a 3 bit to add more bytes. This doubles the storage capacity of the chip, according to Business Standard. The tiny device follows on the design of Toshiba's memory cells. It will measure  15 nanometers. 

The new memory cell is going to be a welcome addition to smartphones and cameras. Having a much larger capacity compared to USBs and SD cards, it performs better in terms of speed and reliability. According to Endgadget, this is also a more affordable and much wanted and needed a boost for the smartphones. 

Micron and Intel have also recently announced their own high-capacity memory chip, which also has a 256GB memory. The difference it has from Toshiba and SanDisk's version is that it is composed of 32 layers, as opposed to the two companies' 48. The advantage of the Micron and Intel version is that it is likely to hit the market first, as the device has been announced earlier this year, in March. They will probably be manufacturing first.

Toshiba is in the process of building the company's new plant in Japan. It said that the new memory cell is likely to arrive in 2016. Looks like unlimited storage for devices is not too far-fetched. In fact, it may not be far-fetched at all.