The new 10-nanometer LPP chips are reportedly manufactured in much the same way as Samsung's current LPE wafers, so little delay is expected for full volume production. Samsung has already qualified its 8-nanometer chips that, despite having smaller traces, are also manufactured in much the same way as its 10-nanometer processors.

By releasing two iterative versions of its current chips, Samsung is biding its time until it perfects 7-nanometer manufacturing, which requires the use of extreme ultraviolet light (EUV) lithography. Because of that, gains in speed and power for your future smartphone are expected to be modest -- around 10-15 percent for each of the next two generations. Rival TSMC is supposedly ahead of Samsung in 7-nanometer chip manufacturing, creating speculation that Qualcomm might jump ship in the future.

Samsung gets a lot of credit for beating Intel in chip technology, but both companies are currently making modest gains, not doubling performance like we used to see. Intel has boasted, however, that it's 10-nanometer Cannon Lake tech will be a generation ahead of its main rivals, Samsung and TSMC, because it's packing more features into the same area. Both Samsung's 8-nanometer chips and Intel's 10-nanometer models are supposed to go into manufacturing by next year.