Samsung has announced a milestone in its development of 14nm process technology for semiconductor manufacturing.
The South Korean technology giant also confirmed that it's signed an agreement with ARM to share 14nm physical IP and libraries.
The company has achieved a "successful tape out of multiple development vehicles" for its 14nm process, with the company now collaborating with "key design and IP partners" such as ARM to contribute towards the development of 14nm process technology.
It's the successor to current 22nm processes utilized to manufacture chips found in PCs, servers, mobile devices, embedded systems and other computational hardware.
Samsung said that achieving the 14nm process node would result in major advantages for future-generation System-on-a-Chip (SoC) devices used in smartphones, tablets and other consumer electronics products.
"As we move closer to true mobile computing, chip designers are eager to take advantage of the gains in performance and significantly lower power of 14nm FinFET to deliver PC-like user experience in a mobile device," said Samsung senior vice president Kyumyung Choi.
"The design complexities of 14nm require complete harmony between the process technology, design methodology, tools, and IPs. We are synchronizing all the key elements so our customers can deliver their newest chips to market quickly and efficiently."
Samsung currently manufactures ARM-based application processors for its own Android-powered smartphones and tablets. It also provides them to Apple for the iPhone and iPad.
The company, which last month unveiled a new storage chip for smartphones that would subsequently make them thinner and faster, was recently given the green light for its $3.9 billion investment in the firm's Austin chip production plant.