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A lower-end, more affordable take on the iPhone 4 is in production already and could be launched alongside the fifth-generation Apple smartphone next month.

According to supply chain sources cited by Reuters, the low-cost smartie is being manufactured now by a South Korean company and is expected to launch within weeks.

The same shadowy insiders also revealed that the handset will feature reduced memory of 8GB – compared with the standard iPhone 4 which comes in 16GB and 32GB flavours.

iphone 4 dual

And there’s good news for those of you waiting on the iPhone 5 too. Apple’s next smartphone proper will reportedly be along before the end of September as expected.

Specifications for said kit remain a closely guarded secret. However, one of the people Reuters quizzed said we can look forward to “a bigger touch screen, better antenna and an 8-megapixel camera”, suggesting that earlier leaks weren't too wide of the mark.

Rumours of a cheaper, smaller iPhone, informally dubbed the iPhone Nano by tech watchers, have been rife for years now.

A move into the market is now more likely than ever though, amid huge sales for low-cost Android smartphones which have eaten into Apple’s market share.



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