The U.S. semiconductor company Broadcom announced a new quad-core HSPA+ processor this morning, intended for "high-performance, entry-level smartphones." Seems like a contradiction, but we'll give them the benefit of the doubt.
The BCM23550 chip is made for Google's Android 4.2 ("Jelly Bean") operating system and supports "dual HD," the company's term for sharing high-definition content between the handset and a larger (Miracast-enabled) display.
It's a 1.2GHz Cortex A7 chip, in case you're wondering, that supports H.264 full HD video playback and near-field communication ("NFC"). It also has improved power management and indoor connectivity, as you'd expect from a new chip.
The processor is currently sampling; Broadcom expects production to begin in the third quarter of this year. It can't come soon enough: earlier this year, smartphones surpassed feature phones in global market share.