Samsung today announced a new Exynos chipset based on its “most advanced 14-nanometer FinFET process technology” that is meant for mid-range smartphones — the Exynos 7 Octa 7870. The company’s announcement did not specifically mention if the chipset was based on its first or second generation 14nm fabrication process though.

Samsung’s announcement was also light on other key details about the chipset. However, if previous leaks are anything to go by, Samsung plans on using this chipset inside its upcoming Galaxy J7 (2016) smartphone that will be unveiled within the next few months.

With the mid-range smartphone segment all set to expand over the next couple of years, its not surprising to see Samsung launch an Exynos chipset that is based on its very latest fabrication process. Qualcomm also recently unveiled its Snapdragon 625 chipset meant for mid-range smartphones that is based on the 14nm FinFET fabrication process. It will thus be interesting to see which company’s chipset performs better in real life and in benchmarks.