Edible Apple

Digitimes is reporting that iPhone 5 production is already underway in Shanghai.

Pegatron has begun production of a new version of the Apple iPhone at its factory in Shanghai, eastern China, according to industry sources in Taiwan.

Pegatron is expected to see ODM shipments of notebooks decrease sequentially in third-quarter 2012, and orders for the new version iPhone are enough to make up for decreased revenues from the notebook segment, the sources indicated.

This follows a previous report from Macotakara which also intimated that iPhone 5 production had commenced.

The iPhone is expected to come with a longer form factor and a 4-inch display. 4G LTE is also expected to be a major selling feature for the device.