Expect a gadget battle royale to ensue in the immediate weeks following the iPhone 5S and iPhone 5C release date in late September as Google will surely come up with a killer device called the Nexus 5, likely priced at around $300.

In a new report coming from Slash Gear, specs sheet of the stock Android phone was spread out for the world to see and the details surely pointed to what has been discussed extensively - that the recently unveiled LG G2 is the template that Google will use for its fifth Nexus smartphone build.

There were variations, of course, but in the end it's hard to deny that Google and LG are again collaborating after the relative success of the Nexus 4 that was issued in late 2012. From what Slash Gear has provided, the 2013 version looks ready for a fierce dogfight with rivals, Android and iOS devices alike.

It is a 1080p handset that is fuelled by a quad-core Snapdragon 600 CPU that spins on a yet undetermined speed, but likely not below the 2GHz mark. The RAM provision is 2GB, which should be enough to ensure that the phone will operate with awesome speed plus snappy reactions on users' prompts.

As pledged by Google, the main cam shooter, at least, is in the high-end field at 13MP and probably to benefit from image stabilisation and other shooting enhancements packed by LG with the G2 camera hardware.

While the Nexus 5 itself is 5.5-inch tall, the screen size is similar to the G2's 5.2-inch, which by current standard is able to deliver optimal multi-media and gaming pleasures - all stuffed in a portable device that draws its power from a 3000mAh battery.

The anticipated platform is Key Lime Pie or Android 5.0 though Google remains mum on the possibility that this serving is ready for distribution by the time the Nexus 5 is expected to hit Google Play later this year. Note, however, that Google did not say a word on Jelly Bean 4.3 yet the mobile OS was dispatched silently when the second Nexus 7 was outed in late July.

But what could prove as the strongest lure of the Nexus 5 is Google's determination to keep it accessible despite giving the small machine component upgrades from the previous outing. Android watchers are convinced that starting price will stay at $300 with a significant bonuses - the basic configuration will be 16GB, unlike last year's measly 8GB storage space, with LTE connectivity.

And the best thing about the Nexus 5 is nothing is finalised at the moment, which means the branding remains a toss between LG of South Korea and Motorola Mobility, which as everyone knows is a firm under the wings of Google.

Should the latter indeed become a viable Nexus alternative, the Moto X will be the base model though as a Google Edition device, it is likely to get considerable bumps in inner specs.

It is said that the Nexus will be previewed October 5 this year, at the same time the KLP should be officially out. But the actual release date is pegged in November 2013 or some 12 months after the Nexus 4 online ordering went live on Google Play.