Nexus 5 Rumors, Specs: Release Date Price $349 For 16GB? LG And Google Rumored To Work Together On New Phone

If LG and Google are in fact working together on the Nexus 5, it is believed that the Nexus 5 could feature a similar pricing scale as the current Nexus 4 smartphone, which retails for $299 (8GB) and $349 (16GB), TheFullSignal.com reports.

Apparently sources familiar with the matter have noted that the Nexus 5 will take a page or two from LG's recently launched G2 smartphone - it is believed to feature the same 5.2-inch 1080p display, along with 2GB of RAM, TheFullSignal.com also reports.

Apparently sources familiar with the matter have noted that the Nexus 5 will take a page or two from LG's recently launched G2 smartphone. It is believed to feature the same 5.2-inch 1080p display, along with 2GB of RAM.

The Vice President of LG Europe recently stated that the Nexus 4 was a "great success" and mentioned that "they'd do it again," leaving MyDrivers.com to believe LG and Google will collaborate on the Nexus 5 and make it similar to its predecessor.

That would mean $299 for a smartphone off-contract, a model that's seen significant sales, even with a Qualcomm Snapdragon S4 Pro (one of 2012′s highest-powered SoCs), SlashGear reports.

But a Nexus 5 manufactured by Sony has appeared in pictures and reveals a the same 20.7-megapixel camera rumoured for the Sony Honami with an LED flash and HDR, KnowYourMobile reports.

The images that were released are just a concepts of the new phone.

The Nexus 5 concept, produced by Ben Ling, shows a 4.6-inch full HD triluminous screen overlaid with Gorilla Glass 3 and runs on a quad core Snapdragon 800 processor clocked at 2.3 GHz paired with 2GB of RAM and Android 4.3, KnowYourMobile also reports.