LG Denies Nexus 4 Supply Problems, Next-Gen Nexus
Phone Arena

The fourth Nexus-branded Android phone from Google has been lauded for its impressive specs and affordability but has been hit for its severe supply issues. Earlier reports said the "sold out" signs on the Play Store and the delayed deliveries during the holiday season have been caused by the phone's manufacturer, LG, which is reportedly facing production problems or is shifting focus to a new Nexus smartphones. But an LG official has allegedly told Korean publication Chosun Ilbo that Nexus 4 production at the domestic Pyeongtaek plant in South Korea is proceeding without a hitch, and rumors on a new Nexus 5 are unfounded.

What Else You Need To Know

  • Priced at only $299 without a contract, the Nexus 4 features a 1.5 GHz quad-core Snapdragon S4 Pro processor, 2 GB of RAM, 8 or 16 GB of internal storage, front facing 1.3MP camera, 8MP rear camera, a micro-SIM card tray, and Android 4.2 Jelly Bean operating system.
  • The Nexus 4 made its debut on Google Play on November 13th and quickly sold out.

Other sources

It may have something to do with the fact that LG is making so much less profit off of the Nexus 4 — offered at an extremely low $300 off-contract — when compared to their $700 flagship like the Optimus G. - Chris Chavez, Phandroid  
LG has long maintained that Nexus 4 supplies have been erratic because Google was caught off guard by the surge in consumer interest for the device and didn’t place enough manufacturing orders to keep up with demand - Brad Reed, BGR  
Electronista
Rumor: LG stops Nexus 4 production for Nexus successors
Other
LG deflects blame for Nexus 4 supply issues  

An official speaking to the Chosun Ilbo has said that production is proceeding as planned at the Pyeongtaek plant in South Korea, and denied that there is any supply issue.

Phone Arena
LG rumored to halt production of Google Nexus 4 in favor of next-gen Nexus
Everything Android
LG: What Nexus 4 Supply Issues?  

Responding to supply issues, Google last month said it was LG’s fault, claiming supplies were both scarce and erratic.

Phone Arena
LG claims there has been no Nexus 4 supply issue, and denies new Nexus coming
DroidDog
Is LG to blame for the low stock of the Nexus 4?
Phandroid
LG: Production of the Nexus 4 proceeding as planned, Nexus 5 rumors unfounded  

So exactly who’s telling the truth? Well, it could be both of them. Sounds like LG is making exactly as many Nexus 4′s as they want to. Why is that? It may have something to do with the fact that LG is making so much less profit off of the Nexus 4 — offered at an extremely low $300 off-contract — when compared to their $700 flagship like the Optimus G. Couple that with plans to unveil the Optimus G2 at Mobile World Congress 2013 and things are starting to make sense.

Know Your Mobile
No issue with Nexus 4 supply our end, says LG
BGR
LG says it’s not to blame for erratic Nexus 4 supply
Pocketnow
LG Talks Nexus 4 Manufacturing, Responds to Latest Rumors  

While admitting that LG will have new gear to show off at next month’s MWC, this hardware supposedly “has not been finalized”, so whatever it ends up being (Optimus G2, perhaps?) it sounds much too early for LG to already be manufacturing it.