South Korean manufacturer LG is said to be working on a brand new smartphone that will herald its arrival into the Quad-core family. Although LG has recently released its powerful LG Optimus 4X HD smartphone featuring an NVIDIA Tegra 3 Quad-core processor, it is now focusing its efforts to produce its very own Quad-core processor.

According to news group the Chosun Ilbo, LG chairman Koo Bon-moo is directly involved in the development process and is driving the specifications for the phone.

The Chosun Ilbo reports:

Koo reportedly complained a year ago that LG Electronics did not make enough use of the parts manufactured by other subsidiaries of the group, even though they are widely sought-after by other firms. He singled out LG Display and LG Chem, which supply essential parts to global companies including Apple.

There are also reports that the said phone will be featuring a 10.0 Megapixel camera, which is better than the one offered in LG Optimus 4X HD, HTC One X and even Samsung Galaxy S3. LG is planning to launch the smartphone in September this year.

Source: Chosun Ilbo via The Next Web