Google is reportedly planning to release budget-friendly Nexus branding smartphones.

Keeping line with the tradition Google releases new nexus devices as well as Android software every year. Google is expected to launch new hardware and Android iteration by the end of this year. If rumours are to be believed, the next-gen Nexus smartphone, widely known as Nexus 6, and an eight-inch Nexus tablet as well as the next iteration of Android could come before the year-end.

When it comes to the popularity, one the primary reasons for Nexus devices gaining so much attention is the price and performance ratio set by Google. Besides, the flagship Nexus smartphones are also available at a suitable price range than the rival devices, notes Gforgames. New report now claims that low-priced Nexus smartphone could be in the pipeline.

The latest disclosure comes from the Chinese site MTKSJ, which claims to have received information from industry insiders that Google has teamed up with MediaTek chip manufacturing company for the low-priced Nexus smartphone, expected to cost $100 (approximately £60).

Apart from the pricing, there is not much information about the availability and the technical features of the smartphone.

However, the upcoming budget-friendly Nexus smartphone will not replace the flagship devices. Instead, it is likely to be designed to compete with rival low- priced smartphones such as Xiaomi Hongmi, also known as the Xiaomi Red Rice.

Google's move for the low-priced handset is said to follow the recent rumour which suggests Amazon plans to launch its smartphone by the end of June with shipment to begin by September.

Mass production of the Amazon smartphone will begin later this month with an initial order of 60,000 units. One of the key features of the smartphone is it will be capable of displaying 3D images without the use of special glasses.