Samsung Nexus Prime is expected to be unveiled Wednesday in Hong Kong, where, besides the much-anticipated smartphone,  consumers also will welcome the new Android operating system called Ice Cream Sandwich.

Reports say the new OS, pre-installed in the 2011 Nexus device, is a combination of Honeycomb and Gingerbread. Honeycomb is the operating system version used by tablets like the Motorola Xoom and Samsung Galaxy Tab 10.1, while the Gingerbread OS runs high-end smartphones like the Motorola Droid Bionic and Samsung Galaxy S2.

A report posted by Engadget says Ice Cream Sandwich will include a built-in photo editing app with editing tools like crop, sharpen, flip, rotate, straighten, redeye reduction and possibly 19 filters.

Samsung Nexus prime is expected to have a Texas Instruments OMAP4460 processor, a dual-core Cortex A9 chip that is expected to run at 1.2 GHz. It will be complemented by 1GB of RAM along with 32GB of built-in internal storage. It will have a AMOLED HD 4.65 inches wide screen, with a resolution of 1280x720 pixels. The smartphone also sports a front-facing 1.3 megapixel camera and another rear-facing 5 megapixel camera, capable of recording 1080P video.

There are also other rumored features such as Near Field Communication, related to the credit card-centric Google Wallet application, and Long Term Evolution technology that will allow faster data uploads and downloads.