GOOG: LG and Google (GOOG) are reportedly working on...

12:54 PM LG and Google (GOOG) are reportedly working on a new Nexus phone, one that could be a decent high-end entry. The device is said to feature Nvidia's (NVDA) new Tegra 4 processor, a 5" 1080p display (standard for the latest high-end Android models), and a 13MP camera. Also reportedly in the pipeline is a Nexus 7.7 tablet with a Tegra 4 and 1920x1200 display. Google's Nexus 7 tablet has sold pretty well, but sales of the Nexus 4 phone (also a Google/LG collaboration) has been hurt by limited availability and a lack of 4G support. Read comments

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