Korea Times reports that LG will continue its partnership with Google and is preparing the Nexus 5 smartphone. LG wants to be a part of every market and recent rumors suggest it might go for something similar to Google Glass.
Google's CEO Larry Page had a little chat with LG Electronic CEO Koo Boon-joon and discussed how companies can improve their partnership. The Nexus branded device usually means high sale numbers and has proven to be quite a success, especially for LG with Nexus 4.

The only thing that LG and Google actually have to discuss is how to avoid the terrible launch and availability issues they had with Nexus 4 and they will definitely have a winner on their hands.

According to rumors, the device is expected to feature 1080p screen, quad-core chip, at least 2GB of RAM and, of course, the latest Android OS. According to Korea Times, LG/Google Nexus 5 could show up in Q3 2013.

Source: Koreatimes.co.kr.