“The companies revealed the details Monday at Mobile World Congress in Barcelona. Their system-on-a-chip platform is based on ARM’s Cortex-A9 processor and Globalfoundries’ 28-nanometer manufacturing process. The platform will be used in smartphones, tablets, and smartbooks.”
Full story at News.com.
So it looks like we will have devices that consume less power purely on a per-clock-cycle basis. I’m guessing the new process won’t trickle down to actual commercial mobile implementation until at least 2013.