(Credit: Apple)
A boost in hiring from one of Apple's key suppliers could be yet another sign of a low-cost iPhone.
Pegatron, which makes the iPhone and iPad, said that it will build up its workforce in China by up to 40 percent during the second half of the year, Reuters reported Thursday. Such a huge increase suggests that the company could be equipping its factories to produce the much-rumored low-cost iPhone, which could launch sometime in the third quarter.
Certain suppliers have already told Reuters that Apple is prepping a less expensive model of its smartphone geared toward developing markets. Several analysts and news sources have also piped in over the past few months with the same suggestion.
Charles Lin, Pegatron's chief financial officer, declined to comment to Reuters as to whether the company would produce a low-cost iPhone this year. But Lin did say that 60 percent of Pegatron's 2013 revenue are expected to come during the second half of 2013.
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