The iPhone SE 3, an update to Apple iPhone SE (2020) with 5G capability, is expected to debut on or around March 8 during a new Apple event alongside a new iPad, Bloomberg News reported on Friday, citing people familiar with the matter.
The new iPhone will be the first update to the iPhone SE model in two years, with 5G network capabilities, an improved camera, and a faster processor, according to the report.
Apple announced two new MacBook Pro models in October that run on more powerful in-house chips.
With the expected launch still more than a month away, Apple plans may change due to production delays or other changes, according to the report.
The company did not immediately respond to a request for comment from Reuters.
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Based in Cupertino, California, Apple is overcoming a costly global shortage of computer chips, reporting record holiday quarter sales in January, beating profit estimates and forecasting that its shortfall is shrinking.
According to a recent report, Apple has imported three new iPhone models — A2595, A2783, and A2784 — in India, as well as two new iPad models — A2588 and A2589 — that it plans to launch at its Spring Launch event later this year. According to the report, the iPhone SE 3 will cost around $300 (roughly Rs. 22,500), while the tablets will cost between $500 (roughly Rs. 37,400) and $700 (roughly Rs. 52,400).
The iPhone SE 3 is expected to have the same design as the older iPhone SE (2020), but with 5G connectivity, Apple A15 Bionic chip, and 3GB of RAM.