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Google's Project Ara Smartphone will be launching in early 2015

Paul Eremenko recently announced interesting news on Project Ara. The most significant concerns its market launch in early 2015.
And the first fully operational prototype of the device will be shown at the second Project Ara developers conference in December.

Project Ara is the codename for an initiative by Google that aims to develop a free, open hardware platform for creating highly modular smartphones. The platform will include a structural frame that holds smartphone modules of the owner's choice, such as a display, keyboard or an extra battery. It would allow users to swap out malfunctioning modules or upgrade individual modules as innovations emerge, providing longer lifetime cycles for the handset, and potentially reducing electronic waste.

The project was originally headed by the Advanced Technologies and Projects team within Motorola Mobility while it was a subsidiary of Google. Although Google had sold Motorola to Lenovo, it is retaining the project team who will work under the direction of the Android division.

Features:
*Its build using modules inserted into metal endoskeletal frames
*Its frame will be the only component in an Ara phone made by Google.Frames have slots on the front for the display and other modules.
*Its provide common smartphone features such as cameras and speakers, but can also provide more specialized features, such as medical devices, receipt printers, laser pointers, pico projectors, night vision sensors, or game controller buttons.
*Each slot on the frame will accept any module of the correct size. *The front slots are of various heights and take up the whole width of the frame.
*The rear slots come in standard sizes of 1x1, 1x2 and 2x2. *Modules can be hot-swapped without turning the phone off.
*The frame also includes a small backup battery so the main battery can be swapped.
*Modules are secured with electropermanent magnets. The enclosures of the modules are 3D-printed, so customers can design their own individual enclosures and replace them as they wish.

Luckily modules will be available both at an official Google store and at third-party stores. Ara phones will only accept official modules by default, but users can change a software setting to enable unofficial modules. This is similar to how Android handles app installations.
Sources from:phonebloks