“A new report from a Far East newspaper reiterates rumors that Apple will sell a next-generation ‘iPhone 5’ this summer with an improved antenna design, a larger 4-inch display, and integrated near-field communications chip for wireless e-wallet transactions,” Sam Oliver reports for AppleInsider.
“China Times reported Tuesday that Apple’s so-called iPhone 5 is now in its ‘trial production stage,'” Oliver reports. “It also said that the new device, which will allegedly have a ‘metal chassis’ for an improved antenna design, will launch in the third quarter of 2011.”
Oliver reports, “The report also reiterated recurring rumors that the iPhone 5 will include an NFC chip for an e-wallet service, allowing handset owners to use their device to authorize credit card transactions… the report also indicated that the next iPhone will, as expected, include Apple’s new dual-core, custom built A5 processor. The A5, which offers twice the processing power and up to 9 times the graphical power of its A4 predecessor, debuted earlier this month inside the iPad 2.”
Read more in the full article here.