The next-generation Google Nexus phone, the Nexus 5, and Android 4.4 KitKat, the new iteration of Google’s mobile operating system, could be announced as soon as next week, if a new report is to be believed.

The new phone and the next version of Android could be announced on October 15, as per a report by CNET UK. The report cites rumours coming from Google Launchpad, a startup-focused event run by Google that lasts a fortnight.

Previously, the much-anticipated successor to the Nexus 4 was rumoured to get a late October release. A website had cited sources to claim that the alleged Nexus 5 would be introduced and shipped in the last week of October. It also claimed that the rumoured Nexus 5 would come at half the price of the Apple iPhone 5s at $446.

Just days back, a case-maker posted an image of the expected Nexus 5, revealing the phone’s rear panel. Earlier this month, the rumoured Nexus 5’s battery, pricing and storage details were leaked. A report claimed that the 16GB Nexus 5 model will supposedly be priced at $299, while the 32GB Nexus 5 is expected to be priced at $399.

Rumoured specifications of the Nexus 5 includes a 4.95-inch full-HD (1080p) IPS LCD display, Qualcomm Snapdragon 800 quad-core processor clocked at 2.3GHz, 2GB of RAM, 8-megapixel rear camera with OIS and a 1.3-megapixel front-facing camera. The alleged Nexus 4 successor has also been expected to include a host of sensors like ambient light, proximity, pressure as well as accelerometer, compass, notification LED and gyroscope.

Google announced the next iteration of its mobile operating system, Android 4.4 KitKat, in September. It’s worth pointing out that the company has not shared or indicated timelines for the launch of the new device and the OS.

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