Just yesterday we reported that a hiring blitz at Foxconn seemed to suggest that early production of Apple’s next-generation iPhone was kicking into gear, and to add-on to the speculation/rumors, a recent report from a source at Texas Instruments revealed to RepairLabs that the company had started to produce the power management chip for Apple’s upcoming iPhone, a device that has been dubbed as the iPhone 5 internally although it could merely be a placeholder name.

Apple has in the past relied on TI for their power management chips for their iOS devices, and RepairLabs has since interpreted this early production as a sign that we could be seeing the launch of the new iPhone in the coming months. While that is possible, an alternative scenario could be that Apple is ramping up its new iPhone production in order to make sure that they have enough inventory for pre-orders and for customers who purchase it from their retail outlets. This would reduce queues and could also cut back on grey market sales of the device. In any case, we’ll be taking this with a grain of salt for now and suggest you do the same.

Filed in Apple >Cellphones >Rumors. Read more about and .