• LG Nexus 5
    Image courtesy of YouMobile.org
    An image of a device that could be the LG Nexus 5
By Vincent Funaro , Christian Post Reporter
May 30, 2013|4:02 pm

The latest LG Nexus 5 rumor points to the smartphone still being in the works.

The company's Kim Wong recently sat down for an interview where he revealed that the LG Nexus 5 was not in the LG's immediate plans. LG also issued a statement saying that the Nexus 5 was not something they were working on at the moment.

However, the company could have been bluffing, according to a Korean site known as Daum.net. Daum is reporting that the next-gen Nexus model has been testing inside LG for around a month under strict security conditions.

The site also stated that outside of those working closely with the device and Google's CEO Larry Page, no one has seen the 5-inch Nexus smartphone. This handset could potentially be the first one to run Android 5.0, Key Lime Pie.

Specifications for the LG Nexus 5 were first leaked back in March which included a 5.2-inch OLED Display with 1920 x 1080 resolution, a 2.3GHz Qualcomm Snapdragon 800 processor, 3GB RAM, a 16-megapixel rear camera, a 2.1-megapixel front camera, and a 3300 mAh Lithium battery.

Other features include gesture like controls and integrated DVB-T along with LTE connectivity, which was not available on the LG Nexus 4.

Follow us Get CP eNewsletter ››

LG also announced the release of the all white version of the wildly popular Nexus 4 earlier this week.

"Nexus 4 set the standard for Android 4.2, JellyBean smartphones," said Dr. Jong-seok Park, president and CEO of LG Mobile Communications Company. "Nexus 4 White delivers the same Google experience to consumers in a stylish and attractive color option."

The new version comes with the same 4.7-inch 1280 x 768 True HD IPS Plus display with 320ppi, which is also found on the regular model. It also features a Qualcomm Snapdragon S4 Pro processor and 2GB of RAM.