Apple to release larger iPhones

Apple Inc. suppliers in China will begin mass production of its largest iPhones ever next month, according to people familiar with the plans, as the smartphone maker faces increased competition.

One model will have a 4.7-inch display, comapred to the 4-inch screen of the current iPhone 5s, and a 5.5-inch version also is in the works.

The phones may be available to ship to retailers around September, according to Bloomberg.

Read more from Bloomberg.