Apple is prepping a new iPhone for its annual summer release and is likely also working on a CDMA device for US operator Verizon Wireless, Wall Street Journal has reported.

 

The new device, to be called the iPhone HD, will have a second, front-facing camera, and will run on the iPhone 4.0 OS, according to blogsites Engadget and Daring Fireball. 

 

According to Engadget, the fourth-gen iPhone is scheduled for release on June 22. Apple has unveiled a new iPhone every summer since the first version was launched in 2007.

 

One of the new iPhones is being manufactured by Taiwanese OEM Hon Hai, which made Apple's previous iPhones, the Journal reported. The CDMA version is being manufactured by Pegatron Technology, the contract manufacturing subsidiary of another Taiwan firm, Asustek.

 

Production of the CDMA phone for Verizon, signals a likely end to AT&T’s role as the exclusive US iPhone carrier for the last three years.

 

Pegatron is scheduled to start mass production of the CDMA iPhones in September, but it was uncertain when it would start commercial shipments, the WSJ said.