BlackBerry plans to launch a new smartphone with an octa-core processor, it's claimed.

Tech news website N4BB reported that BlackBerry is currently developing a smartphone that will use Qualcomm's eight-core Snapdragon MSM8994 chipset. This processor will rely on 64-bit architecture in order to clock 2.5GHz speeds per core.

BlackBerry, a struggling handset manufacturer, has already announced its plans for 2014, confirming it will not abandon the smartphone space and has even inked a deal with Foxconn to produce a suite of cheaper handsets.

READ: BlackBerry in 2014: Pocket-lint predicts

Additionally, BlackBerry is planning to release two new series, called the W-series and B series. The first will feature Qwerty, while the latter will have full-touch support. Both are said to sport Qualcomm's 2.3GHz quad-core Snapdragon 800 MSM8974 processor.

Rumours are also swirling of a quad-core BlackBerry smartphone codenamed Ontario. It appears to be a mid-range device. Like the W-series and B-series, it could also come with Snapdragon 800 MSM8974 processor.

That said, details are scarce, especially when it comes to BlackBerry's 64-bit octa-core device. N4BB says we can expect this smartphone to land by the summer of 2015.