Apple may launch 'Made in India' iPhone SE 2 early next year

Apple is gearing up to launch 'Made in India' iPhone SE 2 in early 2018, according to Taiwan's Economic Daily News.

The report said the upcoming device will be exclusively manufactured by Wistron in Bangalore, India and will be released worldwide. The new iPhone will reportedly hit stores in the first quarter, which falls in line with March 2016 launch date of the first iPhone SE. A Taiwanese website Focus Taiwan also revealed that the release date would be in the first quarter of 2018.

Indian website Tekz24 previously reported that the next-generation iPhone SE will be powered by Apple's A10 Fusion chip, with 2GB of RAM, 32GB and 128GB storage capacities, a 12-megapixel rear camera, a five-megapixel front camera, and a slightly larger 1,700 mAh battery.

The iPhone SE 2 is meant for the budget smartphone market and will reportedly cater to Southeast Asian markets and might be priced in $450 price bracket.

Recently, Apple launched its tenth anniversary edition - iPhone X in India at a starting price tag of Rs 89,000. The device is up for sale both online and offline in the country. This is the first iPhone to sport an all glass body and full screen display with facial recognition feature.