Samsung and Google's latest smartphone, the Samsung Galaxy Nexus was unveiled at the "Samsung Mobile Unpacked: Google Episode" media event on Oct. 19 in Hong Kong, China.
Android's latest OS, Android 4.0, Ice Cream Sandwich was also unveiled.
Weeks of speculation culminated with the heads of Samsung and Google revealing the most exciting new specs of both the smartphone and operating system.
"Take a moment to imagine a collaboration, where Samsung and Google join forces to form a creation that capitalizes on the strengths of both companies," said Samsung PR Director, Kim Titus at "Samsung Mobile Unpacked."
"We're going to get insight into why these two came together to create 'a truly inspirational product'."
The Galaxy Nexus' basic specs match up with previously leaked details including a 1.2 GHz Dual Core Processor, a 4.65" 1280X720 HD Super AMOLED display, 1GB(RAM) and 16GB/ 32GB Internal memory, LTE and HSPA＋ networks, Bluetooth connectivity, USB 2.0, Wi-Fi and NFC as well as Android 4.0, Ice Cream Sandwich OS.
The Galaxy Nexus also features a 5 MP camera with LED Flash, zero shutter lag, fast shot2shot and 1080p Full HD video recording, updated mobile services such as Gmail, Youtube and Calendar and specific NFC features such as an accelerometer, a compass, gyro, light, proximity and a barometer.
Android 4.0, Ice Cream Sandwich also comes with a host of new specs, including, a new custom typeface called Robato, a completely touch screen UI, a lock screen featuring Face Unlock, and Android Beam, an NFC technology that allows users to share information by touching their phones together.
The Ice Cream Sandwich powered Galaxy Nexus will release in November on Japan's NTT DoCoMo network.
Its U.S. carrier is Verizon.
It is currently unknown whether Ice Cream Sandwich will be available as a free download, however developers are able to download SDK in order to begin developing apps for the new OS.