Report: LG Nexus 5 specs revealed, said to launch with Android 5.0

Much of the current news cycle is focused on the launch of Nokia's new Windows Phone 8 flagship, the Lumia 1020, with its 41-megapixel camera. But there's another big phone apparently lurking in the shadows that plenty of users out there are eagerly awaiting. 

That handset is the Nexus 5, the follow up to the hugely successful Nexus 4 from LG. Back in May, an executive from LG said that his company wont be manufacturing the Nexus 5, but that hasn't stopped the rumour mill from churning out new claims that LG will actually be the maker of the new device. 

The latest rumour comes via Korean site Daum, which says that the Nexus 5 will be based on the LG Optimus G2, much like the Nexus 4 was derived from the Optimus G. 

Earlier this week, Engadget revealed photos and specs for the G2, which certainly sound impressive. The device is said to feature a 5.2-inch Full HD (1920x1080px) IPS LCD display with an ultra-thin bezel, along with a 2.3GHz Qualcomm Snapdragon 800 processor and 2GB or 3GB of RAM. A 13MP camera and 2700mAh battery round out the specs.

A quirk of the handset's design features a volume rocker on its rear, set below the camera when held in portrait. You can view a video of the G2 in action below: 

While the G2 is expected to launch with Android 4.2.2 Jelly Bean, Daum claims that the Nexus 5 variant will go on sale with Android 5.0, which is expected to carry the name 'Key Lime Pie'. Like other Nexus devices, it will feature the 'stock' Android user experience.

What's interesting about this latest rumour is that it's not far off specs revealed for the Nexus 5 back in March, which also claimed that LG would be developing the device under the codename 'Megalodon'. As with that leak, the report from Daum claims that the Nexus 5 will launch in October - although the quoted 5 October release date seems unlikely, as product launches rarely take place on weekends. The G2 is expected to be officially announced by LG on 7 August. 

Sources: Daum / Engadget via BGR | Video via YouTube | Lower two images via Engadget

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About the lock screen:
Keep in mind this isn't a Nexus feature, most probably something from the LG Optimus G2.

But I agree, that lockscreen animation is sweet!

Meh. Let's see it when it comes out. Just rebranding a G2 is lame - just offer a Google Play edition. I think the Nexus should be a standalone product, and exclusive. I hope this time LG/Google don't mess it up - let it have LTE, and release to more carriers (including Sprint/Verizon).

Doubt there will be a CDMA version (Sprint/VZW). Remember the Galaxy Nexus? VZW blocked updates to Android OS because they could (something about how CDMA is set up vs GSM). So Google and VZW got in some kind of ****ing contest and VZW said they would only allow updates when they wanted to let them go. Google essentially replied in kind by not making a CDMA Nexus 4. This left Sprint hanging, but i guess that's kind of the way things go. So unless VZW backpedals on the vanilla android update issues and bloatware issues, I doubt we'll ever see another CDMA compatible Nexus.

Looks like a nice device. I like that it has no physical front buttons. I dont like that on the Samsung devices and would rather give my money to another company. Tho, I am curious to see what the Moto X is about so I may hold off a little.

More Nexus device is needed to combat OS fragmentation of andriod. It will greatly benefit the ecosystem with consistent updates and it will make isheeps speechless.

hopefully the new nexus have mhl, usb otg

sure better specs its good hopefully the battery its bigger and mantain a decent price.

now thats a flagship phone. i love windows phone but seeing me mates xperia with latest android on im telling ya im starting to waiver abit tbh. iphones will never interest me again, they make good hardware but i hate em as a company. androids starting to look good to me and with handsets being cranked out like this its good. everyone makes jokes about android needs a quad core and all that but i think its getting to the point where the hardware is faster than android actually needs now. them snapdragon 800's look pretty powerful, contract up next february, if wp comes out with the pureview, snapdragon 800 2-3GB, ram not bothered about full HD display cus its pointless on a phone, 16GB is fine for me cus dont use much. Id stick with WP, oh has to be nokia of course the 1020 looks very good but ill see where its at in 7 months

I'm not sold on WP yet - they're really lagging but catching up. Nexus, Droid, Iphone etc. are seriously upping their game with the new releases this year and it is getting really hard to make a good decision. Really hard.
Stable is probably going to be my first criteria, open platform, functionality across the spectrum for working with skydrive - google etc. is next.
This is going to get interesting later this year!

"Much of the current news cycle is focused on the launch of Nokia's new Windows Phone 8 flagship"

ha ha funniest statement ever! Looks like you missed the /s tag at the end.

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