A new rumour emerged that the Google Nexus 5 will cost $299 with amazing features.

In a new concept, the Nexus 5 shows the handset as having a display that is 5 inches and this is edge to edge. The handset comes with 4G LTE, the Snapdragon 800 processor, speakers on the front and a notification light on the bottom. The handset features a camera of 13MP, 3GB of RAM and a 3140mAh battery.

However, rumours did not stop and some of the rumoured features of Google Nexus 5 are:

Super-fast eight core Qualcomm Snapdragon 800 processor

4GB of RAM

13-megapixel camera on the back with awesome camera software

5-Inch Full HD screen display

LTE connectivity support

Expandable memory via microSD slots

3140 mAh battery

Initial reports claimed that the Internet giant Google is set to release an updated LG Nexus 4 with larger internal storage and LTE Radio. The Google Nexus 4 was criticised as it lacked an LTE radio and the ability to support a micoSD card for memory expansion.

Other reports stated that the company is bound to release the successor of LG Nexus 4, coined as the Nexus 5, is rumoured to sport a 5-inch full-HD (1920 x 1080) display, translating into a pixel density of 440ppi. The device is also speculated to be equipped with NVIDIA Tegra 4 processor with 2GB of RAM, 8/16GB of internal storage, a 13-megapixel auto-focus rear camera with LED flash and a 3-megapixel front-facing camera.

Other rumoured specs of the Nexus 5 include Qualcomm Snapdragon 800 processor that possesses a clock rate of 2.3GHz. The CPU finds assistance in 3GB of LPDDR3 RAM. Storage options are provided in the form of 16GB, 32GB or 64GB of internal memory. Adding to the list of these highly questionable details is a 3300mAh Li-polymer battery under the hood.

The smartphone will bear the same affordable price as its predecessor, which is one of the selling points of the LG Nexus 4.