Samsung (005930) on Wednesday unveiled a brand new processor that will power its future mobile devices. Dubbed “Exynos 5 Octa,” the new chip features two sets of four cores and a 28nm process that will eventually drop down to 10nm in the coming years. The chipset provides significant performance enhancements over Samsung’s previous-generation quad-core Exynos processor, which is now found in more than 53 million mobile devices. The company also said that the new Exynos 5 Octa has a power-saving mode that helps improve battery life by reducing consumption when devices are idling and in other situations where full processing power is not required.