Samsung has announced that the next iteration of the Galaxy line of Android phones will use the Exynos 4 Quad CPU. The 1.4GHz chip is "based on a design by the British firm Arm Holdings and promises greater computing power and improved battery life." The Exynos 4 Quad will offer double the performance of the Exynos 4 Dual while also offering a 20% reduction in power requirements. The addition of two more cores will allow the phone to handle more tasks at once, and should increase the overall capabilities of the phone. Full details of the next Galaxy phone will be revealed on May 3.