Imagination Technologies recently revealed their Newton platform which is based on its MIPS architecture. This tech will be built by their chip-making partner Ingenic, and uses Ingenic's power efficient Android-compatible 1GHz JZ4775 CPU. Early scuttlebutt suggests this chip is likely to show up in future Android wear devices as it seems taylor made for that platform.
This chipset actually has the power to give wearable devices (like smartwatches) as much as 30 hours (or more) battery life. It can even support a bevy of hardware options like: 3GB RAM, 720p video, WiFi, Bluetooth 4.0, NFC, MEMS sensors, health care sensors and USB. Check out the source link below for more info, and anticipate seeing this technology in future Android wearable devices.
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Source: MIPS