"which means that we, the consumers, will be the ultimate victors ..."
Don't think so .... We're about to enter an era where "The competition" isn't competitive enough and that will have 2 effects:
1) Price of tier 1 mobile devices will rise as Intel extracts is "pound of flesh" in order to recoup its zillion dollar capital investment.
2) The EU bureaucrats will declare Intel a monopolist citing their dominant market share as evidence and will issue fines for some yet-to-be-devised infraction of competition rules.
Strange old world: I'm off to build a 22nm Fab in my back-yard ... Oh wait... You can't!, its really hard.
Oh never-mind - I'll just build my superfast Quad-core Krait thing on TSMC's new 16nM process.
Nope , can't do that either because it doesn't work.
How about Samsung .... Nope, lost the plot 2 years ago.
And you're left with ....... an X86 chip in your Iphone.