Samsung claims to have developed the first semiconductors using 10-nanometer technology. The company is now mass producing the semiconductor on its new system chips. 

Jong Shik Yoon, VP of Samsung Electronics, said, "The industry's first mass production of 10nm FinFET technology demonstrates our leadership in advanced process technology."

The 10nm process is being compared to the 14nm process and the former's process technology and design enablement improvements are said to be higher than the latter.

The 10 nm process also includes an advanced structure of a 3D transistor. With these specs, the performance of the smartphone is expected to increase by 27 percent and its power consumption to decrease by 40 percent, according to Business Wire.

statement released by Samsung says that a new device will utilize the new chips. What device it will be was not specified but it's expected to be released early the following year. There is a big possibility that the device could be the successor of Samsung flagship smartphone Galaxy S7, which will be Galaxy S8.

It is evident because of the launch date since the company usually releases its S lineup in the first few months of the year followed by the release of its Note lineup the following months. As of now, there has been no news on the successor of Note 7.

According to rumors, Samsung Galaxy 8 will have a 4K display which will back virtual reality and a processor that is up to date with the demands of mobile VR technology in terms of power. In a report byTech Times, Qualcomm's Snapdragon 830 processor, the successor of Snapdragon 820, will be manufactured exclusively by Samsung. it's disclosed that 830 will be made with the 10nm technology.

The 10nm technology of Samsung will launch early on 2017 and will be used for more devices for the rest of the year.