Computer chip maker Adapteva has just announced its plans to release its Epiphany IV chip for mobile devices that should allow server-like performance. The 64-core chip is said to provide up to 70 gigaflops of performance while using just 1W of power, the company's CEO, Andreas Olofsson, said. While this power consumption may be high for smartphones, Olofsson assures that the technology can be scaled down as needed.