The device was also reduced a few months ago and now starts at $349 for the 64GB model.
Apple might be in works to big alterations to its iPhone lineup, but there's a chance that its 2018 lineup won't include only the models projected to go on sale in the fall. This device will be made for the countries like China and India, where there is a huge market for the premium smartphones, with a price tag less than $400 (₹24,000). Any iPhone SE 2 launch would likely to take place in spring next year, as Apple looks to wrest the initiative from mobile makers in the wake of February's Mobile World Congress.
What are your thoughts on a new iPhone SE?
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While the report did not provide any further details about the handset, previous report suggests that it could feature a faster A10 chipset found on the iPhone 7.
It looks like Apple iPhone SE, the affordable edition of iPhone will soon get a successor. As the SE was significantly less expensive than Apple's luxury phones, it may very well be that the company is looking to focus their efforts on increasing their representation in the huge market that is India.
The iPhone SE was first launched in March 2016, with Apple boosting storage space earlier this year. Moreover, the SE also supports 4K video playback, which was not available on the iPhone 5S.