The much-rumored Android 5.0 Key Lime Pie will reportedly make its debut in October and will support low-end phones as well.

Google's I/O 2013 conference was exciting enough, but the search giant made no mention whatsoever about the highly-anticipated Android 5.0. In fact, Google made no mention of new Android updates at all.

However, many reports claimed that Google decided to give Jelly Bean another run and is preparing to release a new cycle called Android 4.3 Jelly Bean. Now, a new report indicates that the next major update - Android 5.0 Key Lime Pie - will finally arrive in October 2013.

According to VR-Zone, Google will unveil its next-generation OS sometime in late October. Conveniently, that's the same timeframe when the rumored Motorola X Phone is expected to make its debut. As the site further notes, the fact that Google didn't announce any new Nexus smartphone so far, makes this news even more plausible.

Back in November 2011, Google released its Android 4.0 Ice Cream Sandwich (ICS), and the OS launched along with the Galaxy Nexus. A similar scheme is expected this year with Android 5.0 Key Lime Pie and the Motorola X Phone.

VR-Zone also learned from its sources that Android 5.0 Key Lime Pie will be optimized for all devices, and not just high-end smartphones. The OS will reportedly support even phones with just 512MB of RAM. Should this prove to be true, it means Google is trying to bridge some gaps and reduce Android fragmentation. Apple's new iOS 7, for instance, will not only run on the company's latest iPhone 5, but also on the older iPhone 4S and iPhone 4.

Google made no official announcement and did not confirm this report, but it would all make sense. Android will also turn five in October and what better way to celebrate than with a brand new version of the OS?

The report notes that Google will first launch the Android 4.3 Jelly Bean update in late August, ahead of the major jump to Android 5.0 Key Lime Pie. The next-generation OS will also reportedly have support for Open GL 3D graphics and low-energy Bluetooth connectivity.

The much-rumored Motorola X Phone, meanwhile, will launch with Android 5.0 Key Lime Pie and LTE support and will allegedly boast "advanced sensors" that make it "aware of what's going on around it."