The new iPhone release date is reportedly set for August 2013, according to recent Apple rumors.
If reports are to believed, Apple could also be revealing the iPhone 6 as early as the beginning of next year.
Apple Insider reports that the company is planning to build a more affordable iPhone model as well as a world mode iPhone 5S. The website cites Chinese tech news site EMSOne which claims that a “cheap edition” of the iPhone will be built by both Foxconn, Apple’s usual manufacturing partner, and Pegatron.
The iPhone release date report also claims that Foxconn will be the exclusive manufacturer of the iPhone 5S which, unlike the iPhone 5, will be a world phone that will add compatibility with new carriers. This includes China Mobile, the largest carrier in the world with nearly 700 million subscribers.
The cheaper iPhone will not be a world phone, the report claims, and will only support the frequency division duplex flavor of LTE.