iPhone 5 faces delay over processor problems

The iPhone 5 may be delayed due to problems with the smartphone’s processing unit, a new report from Sohu.com suggests.

Apple has not confirmed that the iPhone 5 is in development but rumours suggest that the company is preparing to release the gadget by the end of the year.

 But that plan may be delayed, with the report suggesting that A5 chips are overheating.

The publication says Apple will instead release a new version of the iPhone with incremental upgrades, including a better camera and dual-core processing unit.

The iPhone 5 may be delayed until 2012, Sohu.com forecasts.