Samsung may have been the first company to announce an “octocore” chip, but they kind of lied. The Exynos 5 Octa does indeed have eight physical application processors, but only four of them are active at any given time. There’s a cluster of four ARM Cortex A15 cores for when you’re doing something really intensive and need the performance, and there’s a separate cluster of power sipping ARM Cortex A7 cores that are perfect for when you’re doing nothing more than checking your email.

According to Engadget, MediaTek is slated to announce a new chip later this year called the MT6592. It uses eight ARM Cortex A7 cores, all of which are turned on. Said chip should score over 30,000 in the AnTuTu benchmark, which is pretty close to the 32,000 score we saw yesterday from LG’s G2.

Now normally I wouldn’t write about MediaTek chips because history shows that they never end up in devices sold outside of China, India, and maybe Russia. This is no longer the case. Here in Finland, I’m starting to see cheap Android tablets that are MediaTek powered. And if you shop online, you can get phones from LG, Acer, Archos, and several other brands that also use MediaTek’s silicon.

Chances are your next phone will have a Qualcomm chip inside, but thanks to MediaTek being far more competitive today than they ever were in the past, that Qualcomm chip will likely be cheaper.