Just last week we heard that Foxconn was gearing up for production of the iPhone 5 ahead of a likely summer launch. Today, Commercial Times quoted Daiwa Securities analysts in its latest report on the iPhone 5 that claimed the same.

The iPhone 5 will continue to utilize glass to glass (G/G) touch panel technology which will benefit current touch panel suppliers TPK Holding and Wintek, the paper quoted the securities house as saying.

The report expects the iPhone 5 to be announced at Apple’s WWDC held in June (likely June 10 to June 15) of this year. Obviously, last year the iPhone 4S was released in October— a significant change from the previous four generations of iPhone that were released at or around WWDC in June.

For those who bought the iPhone 4 at launch on a two-year contract (guilty), their contract will be up this summer.

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