The company that powers your smartphones and tablets has introduced a new chip design that's 3 and a half times more powerful than the one widely used in gadgets today. ARM's Cortex A72 will find its way into devices later this year. One of the reasons for ARM's success is because its CPU designs consume very little power. The A72 will use even less. SOT Noel Hurley GM, CPU Group, ARM The new A72 is designed to be manufactured on a new 16-nanometer process, which allows for smaller, faster transistors. ARM doesn't make chips itself, but it comes up with designs that it licenses to manufacturers. The other well known chip maker, Intel is struggling to push into the mobile market. The new ARM design will support streaming 4K 120-frame-per-second video on the go among other improvements according to the company. The new chip will run at 2.5 gigahertz in smartphones and up to 3.5 gigahertz in tablets. With reporting by Michael Kan and James Niccolai, I'm Nick Barber, IDG News Service.