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I haven't heard much about xDs in a while, so I kind of thought these things fell off the face of the earth. I guess not.
Olympus Corporation and Fuji Picture Film Corporation announced on the 27th that they have developed the first 1GB xD-Picture Card media. Both companies plan to release products in the Spring of 2005. The price has not yet been decided.
Using a high-capacity technology called "MLC ( Multi Level Cell)" that stores multiple bits in a single memory cell, the small-sized card has a 1GB capacity. According to the companies, this development allows for a capacity of up to 8GB.
The product name, for Olympus, will be "M-XD1GM." For Fujifilm, it will be "xD-Picture Card M1GB." The "M" in "M 1GB" represents the usage of MLC technology.
Furthermore, Olympus has announced that compatibility with existing products "may require a firmware upgrade, or not be supported at all."
xD-Picture Card has been used as a recording medium in Olympus and Fujifilm digital cameras since September of 2000. The largest capacity up until now was 512MB, and on the 27th, the bulk rate for a 512MB media was a bit less than 20,000 yen.

Inspired by: http://dc.watch.impress.co.jp/cda/accessories/2004/09/27/134.html [1]
News Release (Olympus ): http://www.olympus.co.jp/jp/news/2004b/nr040927mxd1gmj.cfm [2]
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