London,: Tech giant Apple's highly anticipated iPhone 5S is speculated to have a higher processing chip which would speed up the phone's functioning by 31 percent.
Sources said that the new iPhone will have an A7 chip which will be faster than the current A6 model.
According to the Daily Express, Apple is also testing 64-bit processors which would enable the phone to process better graphics at a smoother level.
Analysts believe that the same chip or a more advanced one is likely to feature in Apple''s next generation of iPad tablet computers.
Technology reporter Morris has previously said that Apple was also considering using a dedicated chip for motion tracking.
The latest version of the iPhone as well as a rumoured cheaper plastic version is expected to be unveiled at the company's September 10 event.
First Published: Tuesday, August 27, 2013, 18:32