Samsung Electronics announced Thursday it has begun mass production of the Exynos 9 Series 8895, its latest premium application processor.

The octa-core Exynos 9 (comprising of four of Samsung's 2nd generation custom designed CPU cores in addition to four Cortex-A53 cores) is Samsung's first processor chipset produced by a 10-nanometer FinFET process technology with an improved 3-D transistor structure. The technology allows up to 27 percent higher performance while consuming 40 percent less power when compared to 14 nm technology.

The new Exynos 9 Series 8895 is also the first processor of its kind to embed a gigabit LTE modem that supports five carrier aggregation, known as 5CA, enabling downloading at the maximum speed of 1Gbps with 5CA and uploading at 150Mbps with 2CA.

With Samsung Coherent Interconnect technology, the latest processor integrates a heterogeneous system architecture that allows faster computing for a wide range of applications such as artificial intelligence and deep learning, the company said.

The Exynos 8895, which will power the upcoming Galaxy S8 smartphones (April 21st), also packs ARM's latest Mali-G71 GPU and a multi-format codec (MFC) to support 3D graphics and minimize latency for 4K UHD VR and gaming.

In addition, with its advanced MFC, the processor supports video recording and playback at a maximum resolution of 4K UHD at 120fps.

The Exynos 8895 has a separate processing unit for enhanced security solutions required for mobile payments that use iris or fingerprint recognition as well as an embedded Vision Processing Unit (VPU) that can recognize and analyze items or movements for improved video tracking, panoramic image processing, and machine vision technology