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Hail Google’s Nexus 4! A Market Leader For $349

And that’s not the US price tag either; that’s the local Australian pricing.

For some perspective, a 16GB Samsung Galaxy S3 retails for $899 in Australia, and yet their feature set is almost identical.

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Inside the LG manufactured Nexus 4 is a quad core Snapdragon S4 Pro chipset clocked at 1.5GHz. The processor is joined by 2GB of RAM and an Adreno 320GPU.

The phone itself is dominated by a 4.7″ screen which has a HD resolution of 768×1280, resulting in its 15:9 aspect ratio and a respectable pixel density of 318ppi.

The rear camera weighs in at 8MP and is capable of recording video in Full HD (1080p). There is a front facing camera, but there are no details on its resolution as of yet.

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Standout features include “Photo Sphere,” which equips the Nexus 4 with the ability to shoot panorama in every direction you like, along with wireless charging. It’s also equipped with Near Field Communications technology.

The constraints of a $349 price tag can be seen with the omission with 4G, (instead the Nexus 4 will work on HSPA+) and a lack of expandable memory.

It’ll be running the latest version of Android—always, starting off with Jelly Bean 4.2 and followed with over-the-air updates of new releases. The Nexus moniker denotes a version of pure (vanilla) Android, untainted by manufacturer skins, and this ensures Nexus devices receive software updates first.

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Jelly Bean 4.2 ushers in a couple of new features, including wireless display. If your TV (or other HDMI enabled device) isn’t WiDi compatible, a wireless display adaptor can be used. Other features include the transfer of photos and videos through Android Beam, support for multiple users and gesture typing.

The Nexus 4 will be available in two models, a $349 8GB variant and another $399 16GB model. They’ll be available for purchase on November 13th from the Google Play store.

Google also unveiled the Samsung-made Nexus 10 tablet and it is just as delectable. Check it out here