Redesigned iPhone 5S to debut in March.
An inside source at Texas Instruments tells us that they have begun production on the iPhone 5S power management chip. We can also confirm that management inside Texas Instruments is calling the next phone the iPhone 5S. Previously when production began on the Apple iPhone’s chips at TI, the phone debuted just a few months later. This fits in with our next rumor.

1) iPhone 2G – 2007
2) iPhone 3G – 2008
3) iPhone 3GS – 2009
4) iPhone 4 – 2010
5) iPhone 4S – 2011
6) iPhone 5 - 2012
7) iPhone 5S or iPhone 6 !? (2013)

From the same Chinese source that brought us the accurate pictures of the new iPad 4 back housing and new iPad glass, comes the latest rumor that the iPhone 5S will debut in March. According to our source, they have also been told that the screen will indeed be larger than the current 4 inch model. Whether it will be as large as the 4.3 inch rumors we have yet to confirm.

While we can confirm the production of the power management chips, which means a new iPhone is imminent, bear in mind that the March release date and screen size are rumors. However, our source has proven extremely reliable in the past.