Samsung buys up a load of Tegra 2 chips

With today’s news that LG is about to launch the world’s first Tegra 2 dual-core phone, Samsung looks like it doesn’t want to be left behind.

According to Citigroup analyst Glenn Young, Samsung has put in a huge order for Nvida Tegra 2 chips for use in both its tablets and smartphones.

The order is said to be worth $250-350 million, suggesting Samsung is going to be producing a lot of tablets and phones sporting the dual-core processors.

Hopefully we’ll hear more concrete info at CES next month, but 2011 is shaping-up to be the year of the dual-core phone.

[Via Phone Arena]