The chip in question is a NFC chip.
NFC, which stands for Near Field Communication, is an evolution of RFID.
The video has already racked up 75000 views and is still going strong.
source: www.techworm.net
Samsung Smartphone users fall for fake viral video and end up destroying their NFC Chips
Pakistanis Fall for Fake Viral Video, Destroy NFC Chips on Samsung Smartphones
