Pegatron Chairman Says Low Cost iPhone is Not Cheap, Price is Fairly High?

Pegatron Chairman T.H. Tung has reportedly said that the upcoming 'low cost' iPhone is not cheap, reports the Chinese Commercial Times via Macotakara. While that statement likely referred to the build quality of the device, he also indicated that 'the price is fairly high', according to report.

In another report Tung said that the company's plant was nonstop busy. Pegatron is rumored to have landed orders for the low cost iPhone and iPad mini.

Recently, leaks have allegedly revealed the schematics of the new iPhone 5S and low cost iPhone. You can see a render based on these schematics below...


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