The iPhone nano is coming! The iPhone nano is coming! Or so does the Economic Daily News say, quoting sources at Taiwanese electronic parts manufacturers TSMC and UMC. The rumors are becoming louder and louder.

According to the paper, which AppleInsider says it is a "fairly reliable publication," the bidding for some parts of a new low-cost entry-level cellphone from Apple—dubbed the iPhone nano—is near its end. The Economic Daily News says that the iPhone nano launch should happen not earlier than June.