The Nexus 5 will be manufactured by Motorola and will launch in Q4, an inside source said, according to KnowYourMobile.

Taylor Wimberly, a known Motorola tipster, has revealed on Google+ that the company will indeed be making the next Nexus smartphone and it will be coming in Q4, KnowYourMobile also reports.

One questions that remains unanswered, however, is whether Google will launch the new phone with a 5-inch screen or if it will design it based on the original Nexus 4.

Several reports earlier this month revealed that an end-of-year release is most likely to occur for the Nexus 5.

"Considering Google's prior release schedule, it appears highly likely that a Nexus smartphone could follow the new Nexus 7 release," the International Business Times reports.

"Google introduced the original Nexus 7 as its first tablet in July 2012, following up with the new Nexus 7 in July 2013; the current Nexus 4 smartphone released in November 2012 alongside the wide-screen Nexus 10 tablet."

It was also rumored that Google was awaiting a partnership with Taiwanese phone developer Asus to announce the product's availability, but it seems Motorola will be the leading the manufacturing.