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A new report from the China Times (relayed by BrightWire) claims that Apple will launch an iPhone 5S and a new 4.8-inch iPhone 'Math' in June. In addition, the report says a third model will be launched before Christmas. The first two models are said to sport an 8MP camera; whereas, the third one is said to have a 12MP camera.

Hon Hai Precision Industry Co. Ltd. will undertake 90% of the manufacturing orders, and Largan has received orders for 8 million camera lenses. Fujikura, Flexium and Zhen Ding will share production orders for printed circuit boards.

Foxconn Technology and Coxon will provide molding parts for Apple's new models; Foxlink will continue to offer connectors; Hon Hai Precision's Microelectronics Technology will start designing 4G network solutions for Apple.

Component shipments are said to begin in March and manufacturing is said to start in late April.

Although there have been rumors about an iPhone 5S update in June/July, recent reports have been focused on a lower cost iPhone for emerging markets. There have been some rumors of a larger device; however, Jefferies analyst Peter Misek says he is no longer seeing signs of the device.

Notably, the report also claims that Apple will launch an iTV before the end of the new year.

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