The Google-branded Nexus 4 by LG is finally official but it lacks 4G LTE support, which could halt the device's sales in the trending LTE market.

LG Nexus 4 has a 4.7-inch IPS Plus display with 1280 X 768 pixels resolution, protected with second generation Corning Gorilla Glass, and at 0.36 inches it is reasonably thick. It runs on Qualcomm's latest Snapdragon S4 Pro chipset, featuring a quad-core processor clocked at 1.5 GHz, and Adreno 320 graphics chip. The device has 2GB of RAM and will arrive in two variants of 8GB and 16GB of internal storage.

The Google-branded phone sports an 8-megapixel rear-facing shooter that capture shots with 3264 X 2448 pixels resolution and records 1080p full-HD videos at a frame rate of 30 fps. The front-facing camera in the device is 1.3 megapixels.

Connectivity-wise, the Nexus 4 is just a regular Android phone with HSPA+ network support. Other connectivity features include Wi-Fi 802.11 a/b/g/n with hotspot functionality, Bluetooth 4.0, assisted GPS with GLONASS support, and microUSB 2.0. It supports media streaming to HDTVs using HDMI to MHL port. Support for wireless media streaming using DNLA sharing also exists. Additionally, the Nexus 4 will come with support for wireless charging and Near Field Communication (NFC).

Nexus 4 runs on an updated version of Jelly Bean a.k.a Android 4.2. The newer version of the Android operating system comes with new features such as Gesture Typing, which is simply a Swype-like feature for typing at a go. The Google Now app is now smarter providing more search details including flight information, hotel confirmations, restaurant reservations, and shipping details.

Additionally, Google added a new camera feature named Photo Sphere to Android 4.2 Jelly Bean, which it calls a re-invented photo experience. This new camera feature lets users created a full 360-degree panorama image, which can be shared of Google Maps if the Geo-tag option is on at the time of capturing the shot.

Google originally scheduled an Android event in New York on Oct. 29. However, the search search giant had to cancel its tech gathering due to Hurricane Sandy. Nevertheless, Google announced its new Nexus devices.

The Nexus 4 comes with several improvements over the Galaxy Nexus. However, the lack of 4G LTE support is a real let down for the device. U.S. carriers are racing to upgrade their network and offer high speed data connection over cellular network. In such a scenario, the release of a non-LTE phone could push consumers to competitive products.