LG reportedly developing its own Quad-Core processor

LG is reportedly developing its own Quad-Core CPU which will be called the L9 reports PhoneArena.  For the past few days, reports have been pouring related an LG device which will feature in-house LG technologies to provide an integrated experience akin to the Samsung Galaxy S III and this processor could be a step in that direction.
Currently, LG is either borrowing processor technology from Nvidia for its Optimus 4X HD, but now LG may be upping the ante. According to reports, the rumored device will additionally sport a 10+ megapixel camera, and will perhaps also integrate the non-Pentile True HD IPS display from the Optimus 4X.