Apple will reportedly release a new iPhone with a low price of $330 in 2014. Macotakara, a Japanese blog, revealed the details on Thursday stating that the technology giant designed the new iPhone with a polycarbonate material similarly used on the MacBook and a bigger screen display at 4.5-inches.

The low-priced plastic iPhone is anticipated to have a thicker measurement compared to the iPhone 5 that can enhance its durability. The smart phone will still have a very similar design with all of the released iPhones including the home button just below the LCD screen display.

Furthermore, it is estimated that the new low-priced iPhone screen size comparable to the iPhone 4S or iPhone 5 will aid Apple to save on expenses. Recent reports suggest that the California-based company targets the price of $330 for unsubsidised models with the considerably lowered cost of an entry-level device and unusual carrier funding.

The Macotakara report on Thursday mentioned some news on the upcoming iPhone 5S for the excited device enthusiasts. It appears that Apple is planning on incorporating a dual-flash LED module on the back of the smart phone to improve the feature on capturing images. Macotakara has already provided precise details in the past on Apple's plans with their devices such as the iPod nano and iPod touch re-designs which was launched in 2012.

According to another report from iLounge, the highly-anticipated iPhone 5S will include a superior rear camera sensor and a processor bump. Two flash exposures are reportedly located on top of each other at the right side of the camera lens for the improved image capture feature. For the release date, the iPhone 5S is expected to be launched shortly this year.

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