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The new chip that will let an iPod store 500,000 songs!

Mobile phones, iPods and other consumer devices may soon be able to hold a hundred times more information than they do at present thanks to a breakthrough in storage technology.

Scientists at IBM say they have developed a new type of digital storage which would enable a device such as an MP3 player to store about half a million songs - or 3,500 films - and cost far less to produce.

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