Apple to present new low-cost iPhone in March

Apple’s low-cost iPhone — potentially called the iPhone SE 2 — could launch as early as March this year, Report says citing a new report from Bloomberg.

According to the information, the assembly of the 4.7-inch iPhone will be split between Hon Hai Precision Industry, Pegatron Corp, and Wistron Corp.

This is Apple’s second budget iPhone after the iPhone SE, which was launched back in 2016.

According to Bloomberg, the phone will be powered by Apple’s A13 Bionic processor. The same silicon also powers the current iPhone 11 lineup.

Additionally, the purported iPhone SE 2 is expected to come with a physical home button. Apple will seemingly give Face ID a skip on this one. Instead, the phone’s home button will double up as a fingerprint sensor, just like the iPhone 8 series.

Apple is currently the third-largest smartphone vendor in the world. It is preceded by Samsung and Huawei, which claim the number one and two spots, respectively. By releasing more affordable iPhones, Apple is reportedly hoping to increase shipments in 2020.