South Korean conglomerate LG has announced it will be preparing its own chip for the upcoming CES tradeshow, which looks to be part of a larger trend of companies (such as Samsung and Apple (AAPL 0.53%) bringing processor design in-house. In the following video, Motley Fool tech and telecom analyst Eric Bleeker discusses why this may not only impact these companies, but may actually affect the industry as a whole, as current smartphone chip producers such as Qualcomm (QCOM -0.04%) and NVIDIA (NVDA 1.33%) stand to lose business.