The fastest storage you can find on smartphones these days is UFS 4.0 and 4.1, both of which are impressively fast. However, there’s always room for improvement, and that’s exactly what the next generation of storage technology will offer.

Samsung has unveiled the first-ever UFS 5.0 storage chip today. According to the company, the chip can achieve sequential read speeds up to 10.8 GB/s and sequential write speeds up to 9.5 GB/s. Those are incredible numbers, especially when compared with UFS 4.1’s sequential read speed of 4,300 MB/s and write speed of 4,100 MB/s.