The impressive Nvidia Tegra chip is confirmed to be headed for use on smartphones. Samsung is the one to be among five top handset makers developing a handset powered by NVIDIA’s Tegra processor as confirmed by A Samsung spokesperson on Friday. Nvidia’s Tegra is capable of playing high definition content (720p), and supposedly will play console-quality games with intense graphics. The netbook supposedly uses Windows CE, and also has Flash Lite, Acrobat Reader, and many other applications pre-installed.

Samsung did not say where or when the device will be released, but previous rumours have suggested one such device will come to AT&T from a top 5 tier manufacturer for under $200.

