Nexus 5 to debut in October, will come with Android 5.0 Key Lime Pie

While rumors regarding Google's second-gen Nexus 7 tablet have been surfacing online, another device from the company, the Nexus 5 smartphone, makes the news once again.

A new report suggests that the successor to the best-selling Nexus 4 smartphone, the Nexus 5 or "Megalodon", as it was codenamed, will launch in October this year and will come with Android 5.0 Key Lime Pie on board.

The source of information is Korean site Daum, which also claims that LG will manufacture the next-gen Nexus smartphone.

According to the publication, the Nexus 4 successor will make its debut in October 2013 and LG is developing the new Google smartphone alongside its upcoming LG Optimus G2. The Nexus 5 with Android 5.0 will allegedly be based on the hardware platform of the LG G2.

In 2012, the Optimus G and Nexus 4 shared the same specs and considering both are made by LG, the company may choose to follow the same pattern for the next iteration.

Daum has also revealed the specs of the yet-to-be announced LG Optimus G2. Along with the new 2.3GHz quad-core Snapdragon 800 processor, which is the only thing confirmed, the smartphone will likely feature a 13-megapixel primary camera with Optical Image Stabilization (OIS) and boast 2GB or 3GB of RAM (the publication claims the decision is not yet final).

The upcoming Optimus G2 is also speculated to sport a 5.2-inch Full HD IPS display and pack in a 2,700mAh battery. The LTE-A enabled smartphone will also supposedly come pre-loaded with Android 4.2.2.

However, considering the Daum report mentions that both the Nexus 5 and Optimus G2 will are being developed simultaneously and will share the specs, the assertion that the former will tout Android 5.0 seems contradictory.

Earlier in March, we reported that the impending Nexus 5 smartphone would release in October this year as revealed by the tipster who allegedly works for Google.

Whether the Nexus 5 releases in October is anybody's guess and the Daum report should be taken with a pinch of salt. But considering the Nexus 4 hit the shelves in Nov. 2012, an October unveiling is quite plausible as Google could be looking at an annual product cycle.

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