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MacRumors reports today on a new research note that has been issued by Topeka Capital Markets analyst Brian White, in which he outlines all the information about the next iPhone that he has been able to gather from his sources on a recent trip to Asia. White says that according to those in the know that he has spoken to, the next iPhone will have a larger, 4-inch screen, as well as a complete re-design, ushering in a new, sleek look. It will also be 4G LTE-compatible. White goes as far as to say that this will be the most significant iPhone upgrade to date.
As for when the next iPhone will be released, in a separate story, MacRumors says that according to a new report on Kotaku, the Maeil Business Newspaper has heard from the chief of human resources at Foxconns factory in Taiyuan, China that Foxconn has just received its orders from Apple to start building the iPhone 5 for release this October.
Source: Supplier Chatter Pointing to Redesigned iPhone with 4-Inch Display, 'Sleek Look' - Mac Rumors
Foxconn Human Resources Chief Claims October Launch for iPhone 5 - Mac Rumors