MediaTek started sending invites for an announcement of two new processors – the Helio P23 and the Helio P30. Details and specifications are expected to be unveiled at an event in Beijing on August 29.

Thanks to a tip we got, there are already rumors about the chipsets. The Helio P23 is going to be built on the 16 nm process and will feature an octa-core CPU. The SoC is rumored to support 2K resolution and dual camera setups. It is also expected to have Cat.7 connectivity and LPDDR4X memory.

The Helio P30 is obviously going to be the most powerful chipset in the P series. It is expected to be manufactured on TSMC’s 12 nm process and to have four Cortex-A72 CPU cores clocked at 1.5 GHz and four more Cortex-A53, again at 1.5 GHz. The connectivity will be Cat.10, which means theoretical download speeds of up to 600 Mbps.

A Weibo user in the know shared their expectations that major Chinese manufacturers would probably adopt the new chipsets and we might have devices with the SoCs come out by the end of the year. According to the very same user, MediaTek is expecting over 3 million shipments of the chips per month.