SK hynix, the world’s second-largest memory chip maker, won this year’s R&D 100 Awards, also known as "the Oscars of innovation," with its cutting-edge Key Value Computational Storage Drive (KV-CSD), the company said Friday.

Among the 100 winners of the 2023 R&D 100 Awards, which recognizes the most promising products or technologies that will bring change to the industry, SK hynix marked its name in the IT/Electrical category.

“Once commercialized, KV-CSD will later be utilized in not only high-performance computing, but also the artificial intelligence and the big data industry,” the SK hynix Computational Storage team said. “We aim to boost SK hynix’s competitiveness by making our own technology the industry standard.”

KV-CSD is a next-generation data storage device jointly developed by SK hynix and Los Alamos National Laboratory. The Korean chipmaker’s Computational Storage team worked on KV-CSD itself, while the LANL High Performance Computing division focused on adopting the storage device into a supercomputer.

Featuring petabyte-scale storage capacity, KV-CSD boasts an exceptional reading and writing speed of data, the company said.

By adding indexing capability -- sorting data with its primary key -- it offers significant speedups and massive reductions in the amount of data retrieved when analyzing high dimensional data. SK hynix is the world's first to apply the indexing feature in KV-CSD.

Serving as a solution provider to save time and energy, KV-CSD is about 7.4 times faster than a traditional solid-state drive, the company added.

• ·HIT forum on space to be held in Seoul
• ·[Herald Interview] Forever is not impossible: Oneus aspires to global reach with 'La Dolce Vita'
• ·Subway fare in greater Seoul rises to 1,400 won
• ·Israeli forces clash with Hamas gunmen after hundreds killed
• ·Disney+’s ‘Moving’ sweeps BIFF’s Asia Contents Awards & Global OTT Awards
• ·Yoon plans state visits to UK, Netherlands later this year
• ·NK sports broadcast labels S. Korea ‘puppets'
• ·문재인 "부동산 정책, 초유 상황에 실책…신뢰 잃어 뼈아프다"
• ·Shinhan to bet big on insurance tech startup
• ·尹 “국민, 안보 믿음 가졌을 것”…4000명 장병 동원 행진 주관
• ·Asiana may ditch cargo business to close Korean Air merger deal
• ·Unification ministry urges NK to immediately send detained S. Koreans back home
• ·33년 경찰 경력 내세워…“안심구청장 누구입니까”
• ·Opposition leader Lee attends arrest warrant hearing at Seoul court
• ·[Photo News] Floral Butterfly
• ·Questions remain after passage of anonymous birth bill