Google has officially announced their latest Nexus branded smartphone.

Google Nexus 4 is available in two editions. 8GB model is priced at USD 300. 16GB model is priced at USD 350. These prices are for the unlocked model with no contract. Brilliant pricing.

The company highlighted the features:

Nexus 4 is our latest smartphone, developed together with LG. It has a quad-core processor which means it’s super fast, a crisp 4.7″ (320 ppi) display that’s perfect for looking at photos and watching YouTube, and with wireless charging you just set the phone down on a charging surface to power it up, no wires needed. While Nexus 4 is incredibly powerful under the hood, it also features the latest version of Jelly Bean, Android 4.2—the simplest and smartest version of Android yet. Starting with the camera, we’ve reinvented the photo experience with Photo Sphere, which lets you capture images that are literally larger than life. Snap shots up, down and in every direction to create stunning 360-degree immersive experiences that you can share on Google+ with friends and family—or you can add your Photo Sphere to Google Maps for the world to see.