If you don't want to wait until next year for Samsung's promised dual-core smartphones, you might be in luck. LG Electronics announced yesterday its intent to launch a new line of dual-core smartphones, dubbed "Optimus," by year's end.

The Optimus smartphones will integrate NVIDIA's Tegra 2 dual-core processor, "providing them with unprecedented power, speed and graphics capability," the company said in a press release. The Tegra 2 incorporates two 1 GHz chips, which, according to LG, will mean "up to 2x faster web browsing and up to 5x faster gaming performance over single core processors running at 1 GHz."

The Tegra 2 was announced by NVIDIA in January, and was originally intended for use in tablets, PCWorld reports. The Tegra 2, like Samsung's upcoming Orion, combines two Cortex A9 chips, along with NVIDIA GeForce GPU.

The new Tegra 2-equipped devices will support 1080p video recording, while improving battery life over current comparable smartphones, LG said. “LG is committed to making its Optimus Series smart devices the de facto standard in speed and graphics performance,” said Chang Ma, a representative for the Korean company's mobile unit.