Consumers have long been promised a leap-frog in mobile graphics technology. With Nvidia dropping sexy demos of light shining through translucent earlobes or real-time rendering of paint dry. However now it seems it's actually happening. Nvidia says its latest mobile processor has more graphical power than the Xbox 360 or PlayStation 3.

In a pre-Consumer Electronics Show announcement Nvidia unveiled its new Tegra K1 processor with a whopping 192-cores GPU. What the hell does that mean? Basically, more cores equals faster rendering. The current Nvidia mobile chip, the Tegra 4 which broke all kinds of speed records, runs on a 72-core setup and is used in devices like Microsoft's Surface 2 tablet among many others.

Nvidia president Jen-Hsun Huang claimed that the Tegra K1 outstrips the last generation of consoles (PlayStation 3 and Xbox 360, which still look very good) while consuming just five-percent of the system's power.

Check out the video above to see some footage of just how the Unreal 4 engine looks running on a K1 powered system and some super-techy talk; maybe watch it on mute. No word yet on the total power usage. As anyone who's tried to run a 3D game on your phone or tablet know, they are power hogs.

Nvidia says it's new Tegra K1 chips are going to be making their way into phones and tablets in the summer of 2014.

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[Via Eurogamer]