Intel has just announced its latest Atom chip, the Z2420. The company is looking to target smartphones and tablets in developing nations with this specific chip, building a reference platform with some more modest specs compared to Medfield devices. Intel's reference design comes with a 3.5-inch 320 x 240 display, a 1.2Ghz single-core processor with HyperThreading, and a custom Intel radio that supports HSPA+. Dual SIMs support is onboard, and the platform also has wireless display capabilities. Intel says that several companies are currently working on devices based on the reference design, including Acer and Lava. As you might recall, Lava was one of the first manufacturers to release a Medfield smartphone, so we might just see a repeat performance from the company with Lexington.