LG plans to build its own processors
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According to sources from the industry quoted by The Korea Herald, LG has plans "to start rebuilding its long-lost semiconductor business." Even more, an LG Electronics representative confirmed that the company is close to begin mass production of its own mobile processors "soon" but did not give any other details.
While some recent rumors mentioned that the upcoming LG G3 Android flagship will use a Qualcomm Snapdragon 805 processor, industry insiders also claim that LG's new mobile chips could power the device. This will only happen if the tech giant ramps up production as needed in a timely manner.
The Korea Herald also reports that these new processors are designed by LG and will be manufactured by TSMC and, next to LG's own smartphones, they could end up in devices built by other companies as well. The initial plan was to have the first chip ready in the third quarter, but LG decided to speed up the process so that first devices powered by it reach the market before the summer vacation period when it is harder to draw the consumers' attention.
According to other rumors, the chip will have eight cores and PowerVR Series 6 graphics, but these also need to be confirmed by LG.