Phandroid has pointed out a very interesting rumor circulating amongst the French. According to Smartphone France, the Nexus One is set to receive an over-the-air update in the coming days.

Source: Android Guys.

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Google may be preparing to launch a stripped-down, low-cost version of its Nexus One smartphone in India, and possibly other developing markets, according to speculation on multiple Indian technology sites. The rumors appear to have originated in a tweet from a TV show producer. But irrespective of how it got started, it sure highlights the importance that Google is placing on the developing markets.

Read the full story on Venture Beat.

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