According to PCWorld, Sandisk will be announcing that it is already producing a 1GB SD Card. That's right, 1GB! Until now the largest capacity in the SD format has been 512mb.

SanDisk's 1 GB SD card is expected to cost $500. It is expected to be available by the end of this month.

The 1GB card should be able to accommodate around 2000 images taken at 1,600-pixel by 1,200-pixel resolution. It should also be able to store about nine hours of MPEG4 video or 16 hours of MP3 audio.

SanDisk originally announced this card last year with a launch date expected to be in the third quarter of 2004 but the release was delayed.