Chinese media claim Apple is ordering touch screen panels for its second-generation iPhone phones. Rumour has it that these new iPhones may arrive in September and will be priced at $249-$299.
Other Chinese-language media reports have listed Quanta Computer as the possible manufacturer of the second-generation device. Quanta has denied that report and Wintek has declined to comment, citing customers confidentiality.
JP Morgan has also contributed to the speculation, issuing a report earlier this month discussing the possibility of a low-end Nano version of the iPhone in the near term, with the financial firm basing its forecast on channel checks and a public patent filing.
However, a different team within JP Morgan followed up with a report of its own that stated it thinks it unlikely Apple will release a low-end Nano version of the iPhone in the near term. The report concluded that although a lower-end iPhone is inevitable, a near-term launch would be unusual and highly risky. JP Morgan now officially believes that the next iPhone iteration will be a 3G phone.