Intel Core i7 8650U 's Advantages
Higher base frequency (1.9GHz vs 1.7GHz)
Lower TDP (15W vs 28W)
Intel Core i5 1240P 's Advantages
Released 4 years and 6 months late
Better graphics card performance
Higher specification of memory (5200 vs 2400)
Larger memory bandwidth (76.8GB/s vs 37.5GB/s)
Newer PCIe version (4.0 vs 3.0)
Larger L3 cache size (12MB vs 8MB)
More modern manufacturing process (10nm vs 14nm)