LG G Flex, Rear, LG logo

LG will begin making its own mobile processors as part of a new partnership with TSMC, a company spokesperson recently told The Korea Herald. A second, but unnamed source, told the news outlet that LG is aiming to begin mass producing the chips sometime this quarter. It's unclear if the new chips will be available in time for the upcoming LG G3, but it appears that might be one consideration.

If LG does indeed build the chips this quarter, they could potentially be ready for the G3, which is reportedly on track to launch in July. The phone would no doubt help LG compete more directly with the newly released Samsung Galaxy S5. The S5, if you're unfamiliar, is available internationally with Samsung's own Exynos processor on board, though in markets like the U.S. it ships with Qualcomm's Snapdragon 801 processor. LG, which is apparently working on a similar business model, will reportedly aim to provide its own processors for mid-range and low-end Android smartphones, too.

LG announced the G Pro 2 earlier this year in February, but the 5.9-inch phablet didn't garner as much attention as the LG G2. Now the phone maker is racing to release a new handset to make up for any lost momentum. If the company needs to get the G3 into stores as quickly as possible, it may be worth putting its own processor plans on hold and using the latest Qualcomm Snapdragon chip instead, though an in-house CPU could help save LG on component costs in the long haul.

Latest And Best Prime Day Deals

The Ring Alarm security system is reaching new low prices for Prime Day
Ring Alarm home security systems

Various configurations of the Ring Alarm are discounted to their best prices yet exclusively for Prime members at Amazon through Tuesday night to help keep your home secure.

The Sonos Beam Prime Day deal includes a $40 discount and 2 $50 Amazon gift cards
The Sonos Beam Prime Day deal includes a $40 discount and $100 in Amazon gift cards
$359.00 $499.00 Save $140

That's just so much savings in one deal. You'll have to wait for the physical gift cards, but that's basically $100 to spend however you want.

Prime Day dropped this PlayStation 4 console bundle to just $250
PlayStation 4 Slim 1TB console with Marvel's Spider-Man and Horizon Zero Dawn
$249.99 $359.98 Save $110

This deal on the PlayStation 4 Slim console saves you $50 off its regular price while also including Marvel's Spider-Man and Horizon Zero Dawn Complete Edition for free. You'll just need an Amazon Prime membership to snag it.

The newest device in the Echo family, the Show 5, is now down to just $50
Echo Show 5
$49.99 $89.99 Save $40

It's only been on the market since May, but it hasn't escaped the Prime Day price cuts.

Amp up your home security with these huge Prime Day discount on nearly all Ring products
Save on Ring products today only

Whether you need a video doorbell, whole home alarm system, or some lights to brighten a dark area, Amazon has it all marked down today!

These huge price drops on the entire Galaxy S10 lineup might be one of the best Prime Day phone deals we'll see
Samsung Galaxy S10 128GB unlocked Prism Black Android smartphone
$599.99 $900.00 Save $300

We love the Galaxy S10, and we love deals. This combines two of our true loves in one!

Scour Amazon Warehouse's deals to save an extra 20% on tech and more through Prime Day
Extra 20% off Amazon Warehouse

Amazon Warehouse sells a myriad of items in varying conditions, from refurbished to open-box, used, warehouse-damaged, and more. It's a great place to snag a deal, and now Prime members can save an extra 20% off select items at checkout.

There's never been a better deal on the Ring Video Doorbell 2 than this pre-Prime Day offer
Ring Video Doorbell 2 (Certified Refurbished)
$89.99 $169.99 Save $80

Amazon is taking $80 off the certified refurbished Ring Video Doorbell 2, which lets you see and speak with visitors at your front door no matter where you are in the world.

More Prime Day Deals