According to a new report from Chinese newspaper Commercial Times, the iPhone 5 will be announced in June at the 2012 Worldwide Developers Conference (WWDC).

Sources inside Apple’s Foxconn plant recently revealed that production of the iPhone 5 was scaling up in anticipation of the launch, with rumors also arising that the iPhone 5 would feature a longer and wider form-factor.

While few concrete details exist, analysts have predicted that the iPhone 5 will have quad-mode 4G LTE capability to support the investment currently being placed in US 4G carrier networks. Developers have also hinted that Apple’s 6th iPhone will be NFC-enabled for short-range wireless payments.

More recently, Apple has been forced to focus attention on working conditions at their Foxconn factory with activists last week petitioning for the ethical production of the iPhone 5.