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Ever since the Optimus G was in its rumor phase, rumors began surfacing regarding the upcoming Google Nexus smartphone. Here’s a roundup of what to expect from the rumored upcoming LG Nexus smartphone with Android 4.2 on board.

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Qualcomm has just announced two new chips, the MSM8225Q and the MSM8625Q. Both are quad core chips that will fall under the “S4 Play” brand, which means they’re meant for low end to midrange smartphones. How can a quad core chip be built to go inside bargin basement handsets? Easy, the “S4 Play” chips are vastly different from the “S4″ chips inside devices like the American HTC One X and the American Samsung Galaxy S3.

LG Optimus G

The Optimus G hasn’t been a mystery for quite some time now, with Qualcomm basically confirming rumors of the handheld’s coming last week. We knew G’s spec sheet, we had a good idea of how the super-phone will look, so it was about time LG made it official.