With all the new shiny gadgets we have seen in the last month, the Nexus 4 seems less and less interesting. A user on a Korean website, who claims to be in the know, now says LG and Google are working together on the Nexus 5.

He claims it will have a 5 inch full HD screen, a quad-core tegra 4 processor, 8/16GB storage, 2GM of RAM, a 13 megapixel camera and the next version of Android (Key Lime Pie).

The use claims the Nexus 5 will be announced at Google I/O in May and launch shortly after for $299.