Popular budget handset chipset manufacturer, Mediatek is all set to launch what might be the world’s first true octa-core chipset. Unlike the Samsung Exynos 5 Octa that only has four cores active at any given point of time, the Mediatek MT6592 will use eight ARM Cortex 7 cores. The chip is being built on the 28 nanometer process and will reach peak frequencies of 1.7 to 2.0Ghz.