Nvidia will be launching Tegra 3, an upgraded chip for tablet devices, in the third quarter of this year, according to a slide claiming to form part of the company’s planned product announcements at the Mobile World Congress event next month.

Tegra 3 is believed to be the successor to the Tegra 2 platform, and was developed as part of the company’s commitment to releasing a new SoC design every twelve months.

Featuring an updated version of the Cortex-A9 design from ARM, the Tegra 3 T30 SoC is expected to double the number of cores and increase the speed to 1.5GHz.

The Tegra 3 T30 also claims a three-fold improvement in graphics performance.

Though, Nvidia has not verified the authenticity of the slide, the company has confirmed that the release cycle presented in the leak matches their plans exactly.

Nvidia’s Bea Longworth said, "We committed some time ago to a twelve monthly release schedule to ensure we can deliver cutting-edge capabilities to device manufacturers."