A new version of Android OS,which could be called Android 4.5 or Android 5.0, is in the pipeline at Google and will presumably make its appearance on June 25, 2014, the same day as Google I/O Conference in San Francisco.

The launch will reportedly be alongside Android Wear, a customized version of the OS designed for wearables such as LG G Watch and Moto 360. Nexus 6 is Google’s flagship phone, being the only Android smartphone hardware designed in sync with Android system software development.

The question gathering the most amount of speculation about Nexus 6 is regarding whether it would retain the ‘Nexus’ name. The previous two Nexus phones in order of release have been called Nexus 4 and Nexus 5, respectively. There is already a tablet called Nexus 7 in the lineup. Earlier reports have suggested that Android 4.5 or Android 5.0 will be called Lollipop and will come with totally redesigned UI and Google Now.

According to AndroidPolice, a set of leaked icons depict a revised look that will be appearing on the next version of Android. The icons reportedly share characteristics with the current set of icons used on Google’s websites but vary from the current Android icons. The alleged icons are apparently being developed under the codename ‘Moonshine’.

Apple already supports 64-bit chips, found in the latest iPad and iPhone with a 64-bit build of iOS 7. It is, thus, expected that Google will be updating Android to support 64-bit processors in the upcoming update so as to give a strong competition to Apple.

The new update is also expected to include the Android Silver program, rumored to make a few changes to the custom Google launcher and to the integration between Google Chrome and Google Search. Android Silver is the alleged program that is being developed by Google, so as to make carriers dedicate a section of their stores to a few of the top Android smartphones, each of which will offer significant advantages over other smartphones. Rumor has it that Google might phase out Nexus devices to give way to the Android Silver Program. Also, there are speculations that Google may ditch the Nexus name for ‘Silver’ moniker. Google I/O will paint a clear picture of what to expect from the new Android version.

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