LG Electronics announced on Tuesday that it signed a license for arm's upcoming application and graphics processors, opening a path for the device maker a new chip design and extend in the market of smartphones and tablets.

LG currently offers the Optimus 2 X smartphone and G-Slate tablet, both of which run on Nvidia Tegra 2 chip, which ARM processors. A license for arm's upcoming Cortex-A15 processor gives LG intellectual property for his own ARM-based chip for smartphones and tablets.



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