It looks like LG doesn’t want Samsung to get all the dual core glory. The company has just announced their own plans for dual core smartphones, this time using the the NVIDIA Tegra 2 processor that we’ve already seen power a few Android tablets. The expected Q4 release of these phones (interestingly, the same timeframe as Samsung) seems to line up with the release of an Android-powered LG phone headed to T-Mobile. Unfortunately, without a name, there’s no way to tell if this will be part of LG’s Optimus series (currently, the only known phone in the series is the Optimus 7, which runs WIndows Phone 7).

What pops out at me the most is the number they give on gaming performance: “up to 5x faster gaming performance over single core processors running at 1 GHz.” This is likely referring to phone with a Snapdragon processor, as we know that Samsung’s Hummingbird processor already has a huge gaming advantage over other single-core 1 GHz ones, but this is still an incredibly impressive number. Between this and Samsung’s upcoming dual core phones, the end of this year could see previous flagship phones such as the Nexus One and Galaxy S devices becoming outdated. Read the full press release below.

LG DEVELOPS POWERFUL SMARTPHONES WITH NVIDIA TEGRA 2 PROCESSOR

LG First to Announce Smartphone with Dual-Core CPU based on NVIDIA Tegra, the World’s Most Advanced Mobile Processor

SEOUL, Sept. 7, 2010 – LG Electronics (LG) announced today that it will introduce a series of fast, powerful smartphones starting in the fourth quarter of 2010 utilizing the second generation NVIDIA®Tegra™ mobile processor, Tegra 2. Tegra 2 includes the world’s first dual-core CPU, which powers through complex tasks to achieve significant leaps in performance.

LG will integrate Tegra 2 into its smartphones, providing them with unprecedented power, speed and graphics capability. These smartphones will be part of LG’s Optimus Series, a new line of innovative mobile products.

LG selected NVIDIA Tegra because it enables a new mobile experience and content capabilities. Tegra 2 features a number of mobile “firsts”: the first mobile dual-core CPU, the only ultra low-power NVIDIA GeForce® GPU and the first 1080p HD mobile video processor. Taking full advantage of the two speedy 1 GHz processors sharing the workload in Tegra 2, consumers can experience up to 2x faster web browsing and up to 5x faster gaming performance over single core processors running at 1 GHz. NVIDIA’s leadership in graphics also delivers flawless 1080p HD video playback, console-quality gaming and amazing 3D capabilities.

“LG is committed to making its Optimus Series smart devices the de facto standard in speed and graphics performance,” said Chang Ma, Vice President of Marketing Strategy Team, LG Mobile Communications Company. “We selected NVIDIA because it is the visual computing leader and has a long history of creating amazing consumer experiences.”

“The ultimate smartphones will be powered by Tegra, the world’s most advanced mobile processor,” said Phil Carmack, senior vice president of NVIDIA’s mobile business. “LG is one of the most popular consumer brands, and their Optimus Series of devices with Tegra is further validation of the processor’s ability to deliver an unrivaled, turbocharged media experience.”

LG’s Optimus Series smartphones featuring the NVIDIA Tegra 2 mobile processor will debut starting in the fourth quarter of the year.

via Android And Me