Cheaper iPhone, iPhone 5S reportedly coming in August: Report
Cheaper iPhone, iPhone 5S reportedly coming in August: Report
The report claims that both Foxconn and Pegatron will be assigned to manufacture the new entry-level iPhone.

New Delhi: According to a new report from BGR, Apple has plans to come up with new iPhone models this summer. The report states that Apple may launch its next-generation iPhone 5S alongside the much-rumored cheaper iPhone model this August.

The report also claims that both Foxconn and Pegatron will work in association with Apple and manufacture the new entry-level iPhone. It is speculated to have a 4.5-inch display and a polycarbonate case.

Apple's iPhone 5S is speculated to feature a design similar to the current iPhone 5 but with some tweaks. The iPhone 5S is expected to be available in various colour options.

Citing sources, Bloomberg recently reported that Apple is working on a smaller and less expensive version of the iPhone.

Apple has considered selling the new iPhone for $200 without a two-year wireless contract, Bloomberg reported.

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