Google Inc (NASDAQ:GOOG) and Motorola Mobility Holdings Inc (NYSE:MMI) are reportedly working together to create a new smartphone that’s code named X Phone.

Although the phone isn’t expected to launch until May, there are reports of what the phone might feature. Android World reports that this smartphone will feature a 4.7 inch full high-definition display, quad-core Tegra 4i processor, 15-megapixel back camera, 5-megapixel front camera, and Android Key Lime Pie operating system.

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It also reportedly features dimensions of  131.2 x 66.7 x 7.9 mm. The specifications are just rumors and there is no evidence that these reports are true. We will have to wait and see what happens next.

This new phone could give Android another boost against their top competitor Apple Inc. (NASDAQ:AAPL) as well as provide even more competition against the upcoming Samsung Galaxy S4.

For the longest time, Motorola Mobility Holdings Inc (NYSE:MMI) sat in the shadows while everyone was enamored by Apple Inc. (NASDAQ:AAPL) and Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930). It’s also interesting to point out that the specs for the upcoming X Phone have been released just mere days prior to the predicted unveiling of the Samsung Galaxy S4 at the Mobile World Convention(MWC) 2013.

This inspires some tech fans to speculate that Android may have some big plans in the near future.  However, it may not be enough to suit some people. As Chris Smith from Android Authority elaborated, “Interestingly, assuming the specs above are based on the real deal, the device does not feature a 5-inch Full HD display as most 2013 flagship devices will have to offer. Instead we’re looking at a 4.7-inch display, which would put the device on par with the HTC One and the rumored Xperia C670 (although the latter is said to sport a 4.8-inch display).”