"It will be the first time Apple introduces 5G iPhones ... There will be three of them and the company has set an aggressive sales target," Nikkei here quoted a source as saying.

The three new iPhones will carry a 5G modem chip designed by Qualcomm Inc, Nikkei added, citing four people familiar with the plan.

Apple and Qualcomm did not immediately respond to Reuters’ requests for comment.