Chinese site MyDrivers (comical Google Translate warning) is citing Korean sources suggesting that the Nexus 5, next year’s replacement for the Nexus 4, will be made by LG and based on the G2. An earlier rumor suggested that the handset would be made by Motorola.
The report says that Google’s astonishing Nexus 4 pricing will be maintained, with cost savings over the G2 achieved by downgrading from Snapdragon 800 to 600 processor and 13MP to 10MP camera, but retaining the 1080p display. The rear buttons would also reportedly move to the side.
If the claimed specs are correct, that would be a huge amount of phone for just $299.