In roughly one month, Google is expected showcase some new Android wares at the annual Google IO in San Francisco.
Not only that, but the site also said this updated Nexus 4 will feature Android 5.0, and could be arriving as early as this summer.
Who's got Nexus?
Let's break down the rumor, which is definitely just that.
According to the site, Google might be planning a 32GB Nexus 4 with LTE and CDMA support during the conference.
The CDMA part is particularly intriguing for U.S. carriers Sprint and Verizon, which require compatibility with the radio waves to a support phones on their LTE networks.
The rumored boost of 32GB of storage coming in this new and improved Nexus 4 should also go a long way in alleviating concerns of the original model.
The original Nexus 4 only arrived in November 2012, so the announcement of a Nexus 5 so soon after its release may seem a bit counter-intuitive.
Announcing a slightly revamped version of last year's model on carriers that call for LTE does make a bit more sense given the timing, but we can't really know for sure until Google decides to tell us the facts.