Yes, this is a new ARM 64 bit chip for emerging Smart Phone Markets.
Here is the source:
http://www.pcworld.com/article/3003524/components-processors/arm-has-a-new-64-bit-chip-for-the-next-billion-smartphones.htmlJames Niccolai, IDG News Service Nov 10, 2015 .In short, they want to make better chips for the whole world. But most people here already have a smart phone. I have two and am in the bottom income bracket here in California! So who is going to buy a new phone?
The PCWorld story in the above link says they plan to sell a billion new hones in growing markets.
ARM says 2 billion smartphones have been shipped to date with its entry-level Cortex-A5 and A7 chips. "We're now enabling 64-bit features for the next billion smartphone users," said Ian Smythe, ARM director of CPU marketing.
So it is both better and cheaper?
There's some debate about the value of 64-bit chips in smartphones today, but ARM says the new chip provides significant gains even running 32-bit software. Compared to its Cortex-A7, it says the A35 gives an average 20 percent better performance depending on the application.
It's also highly energy efficient, a hallmark of the ARM architecture that has allowed it to be so successful in mobile devices. Operating at 1GHz, the A35 consumes just 90 milliwatts per core when manufactured on a 28 nanometer process, the most common in use today for smartphone chips.
As you may already know, ARM does not really make the silicon, they do the design stuff. Other people pay for the chip designs and create the silicon wafers and the rest of the smartphone.
What will this mean?