All things considered, Google's Nexus 4 turned out to be a winning product for the Mountainview company. There were hiccups along the along way, many of them associated with LG's inability to manufacture Nexus 4 devices at a fast enough clip to satisfy demand, and during the time, both companies were pointing the finger at one another. Nevertheless, it worked out in the end, and it appears LG will be the one building the Nexus 5.
LG had previously said it doesn't plan on building any more phones for Google, but that was several months ago. With Samsung dominating the Android market, LG might as well continue to ride the Nexus train as far as it can go. At least for one more generation of Nexus phones, that's exactly what LG plans to do, according to a Digitimes report.
It's believed the Nexus 5 will be similar to LG's own G2 smartphone, which ships with a 5-inch Full HD 1080p display, Qualcomm Snapdragon 800 quad-core processor, and 4G LTE.
Other rumored features include a 13MP rear-facing camera, 3GB of RAM, and of course the latest version of Android, which at the time of its debut (speculated for October) will be Android 4.4 KitKat.