Think of a smaller iPhone to fit your hand? The latest rumor has again revealed that Apple will introduce a smaller iPhone, called iPhone Nano this year. It is most likely to be introduced by June 2009 and will be sold at a lower price compare to the iPhone 3G.

According to Economic Daily News in Taiwan, chip makers Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics Corporation (UMC) are getting the chip orders from Apple. Both companies will confirm the orders in March and the iPhone Nano will go official in June.

[via slashgear]