iPhone 5 Launch Expected in Q3 [REPORT]

 By 
Todd Wasserman
 on 
iPhone 5 Launch Expected in Q3 [REPORT]
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Citing “people familiar with the situation,” The Wall Street Journal reports that Apple has placed orders with suppliers in Taiwan for some of the next iPhone's key components. The new version of the iPhone will include an 8-megapixel camera (compared to the current 5-megapixel) and will be thinner and lighter than the iPhone 4.

The article also cites a source who says the new iPhone will use Qualcomm’s baseband chips. The current iPhone uses memory chips from Samsung and baseband chips from Infineon Technologies, according to a report from iSuppli Corp.

Apple is telling suppliers to produce enough of the phones to meet a goal of 25 million units by year’s end. By comparison, Apple said it sold 18.65 million iPhones in the fiscal second quarter, which ended March 26. The initial units will ship to assembler Hon Hai in August.

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