As per Wall street Journal Apple has requested its supplier who resides in Taiwan to start to ship two new versions of the iPhone, one of which is a low cost model. The Journal further added that the Hon Hai Precision in Taiwan, which is a Foxconn parent company, is producing a standard iPhone with new features and upgrades and a low cost model with less features.
According to the Journal, Apple has decided to unveil the two phones on September 10th at a grand event to regain its position in the market. The recent survey says that Apple Smartphone worldwide market went down by 14.2% while Samsung company’s share increased by 31.7% in the second quarter.