ARM Holdings has unveiled a new processor that can be used to achieve processing speeds now only available in computers within devices such as mobile phones, digital cameras and TVs. The new processor, Cortex-A8, will double the existing performance, whilst using the same amount of power and help run applications such as video, TV and gaming on mobiles.

"Cortex will be for phones that will be coming out in 2008 or 2009 ... We develop the IP (intellectual property) about 3 years before it would land in the hands of consumers," ARM vice president Bruce Beckloff told Reuters in an interview.