A recent report is claiming that Apple is preparing to launch the iPhone SE’s successor in early 2018. The new model, will be called the iPhone SE 2, will reportedly be manufactured by Taiwanese original design manufacturer (ODM) Wistron at its Bengaluru factory that already produces the original iPhone SE.
As per a fresh supply-chain report by Taiwan’s Economic Daily News, Apple will launch the iPhone SE 2 in the first quarter of next year. The new low-end iPhone model is reportedly already in the initial stages of production at Wistron’s facility in Bengaluru.
The local manufacturing process is already helping Apple maintain an affordable price of the iPhone SE in India. This trend would continue with its refresh version. According to the FDI (Foreign Direct Investment) policy, foreign companies producing goods in the country need to source 30 percent of their components locally. Therefore, the iPhone SE 2 is likely to be marketed as a new “Made in India” iPhone by the Cupertino company.
The report adds that the iPhone SE 2 will be targeted at markets like Indonesia and the rest of Southeast Asia, apart from India. It is also said to cost roughly $450 (roughly Rs. 29,200) – which if true would be significantly cheaper than the original iPhone SE’s launch price.