The device is expected to cost about $450, much cheaper than the $999 iPhone X. The low price will cater to those who can't afford the iPhone 8 and iPhone X. The iPhone SE was meant to be an affordable handset, primarily targeting India.
China's Economic Daily News has also stated that the SE 2 will start selling exclusively in India, releasing worldwide shortly afterwards.
Rumor has it, which is always the case with Apple, that we will be seeing an updated version of the iPhone SE next year.
The suggested first quarter launch date of the iPhone SE 2 goes in line with that of the original model.More news: Jude Law Scores Male Lead Opposite Brie Larson in "Captain Marvel"
The new iPhone SE 2 will cost about US$450 (S$606) and will be aimed at sales in emerging markets, according to the report, which did not cite sources.
There isn't much information available out there but it's speculated the smartphone will still flaunt 4-inch screen and will be manufactured by Wistron in India. Will it still retain a similar design as the iPhone SE, which looks like an iPhone 5s? The latest reports have tipped at the presence of a 4-inch display with 32GB and 128GB storage options.
The new iPhone, which is expected to hit stores in 2018, will be a relatively reasonable investment for a user looking to enter the Apple family.