A Korean news report claims that a new 4G iPhone will be coming out as soon as this spring.

KT, a company partnered with Apple to sell iPhones in South Korea, revealed its plans to begin selling the 4G iPhone as early as April. We can obviously expect the phone to include new radio hardware for connecting to 4G networks, and KT’s reports indicate the phone will feature a new dual-core CPU for a speed boost. The screen is to be switched from a standard LCD to an OLED model, which could mean a brighter picture and reduced power consumption. There could also be a front-mounted camera for video chat and a battery that’s finally removable by the end-user.

According to Goldman Sachs’ Robert Chen, it won’t lack new features. “Apple’s going to put a lot of innovation, not just on the hardware, but also on the software of the new iPhone,” he said.

There is also rumors that the back of the iPhone will be touch sensitive much like the touch panel used for the Magic Mouse or like the Motorola Backflip, an Android smartphone that can be controlled via a touchpad on the back of the screen.

Apple, of course, doesn’t comment on “rumors and speculation.” But according to Chen, the new iPhone will go into production in April and should be available to consumers in June or July — just enough time for the rumor train to go into full speed.

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