Most smart phones now days are run off of ARM processors (that includes the iPhone and the Palm Pre), and while their performance is already pretty slick, a new dual-core ARM processor is set to hit next year that promises to greatly increase their capabilities.

The new processor, also known as the ARM Cortex-A9, is set to release early 2010. ARM is stating that while the chip is dual-core, it’ll offer users increased battery life in daily usage compared to their current generation of single-core chips.

Reportedly, the A9 will also give smartphones the ability to play 1080p, as well as record HD video.

Image Credit: CNET News