The latest concept renders and rumors suggest that Apple is working on a new version of its more affordable and budget-focused iPhone SE smartphone series. But, Apple isn’t providing any much detail about the yet-to-be-confirmed iPhone SE 2 stories.

The only evidence that proved that Apple is working on a new iPhone SE model is its recent partnership with LG Display. The Cupertino-based company has, reportedly, held some talks with the Korean firm to secure a supply of LCD displays for its next smartphone, which believed to be the iPhone SE 2.

Under the deal, LG Display will supply Apple with LCD panels, which will be produced in large quantities at LG Display’s mass production facilities. The LCD panels are, reportedly, undergoing last-minute quality checks before they’re shipped to the phone production lines.

iPhone SE
Many Apple fans are still waiting for the iPhone SE successor. Reuters/Stephen Lam

Reports claimed that Apple will be using less expensive materials in building the next version of the iPhone SE. The iPhone SE series is a more affordable version of the Apple smartphone product line. This is why the company is sticking with the less expensive LCD display and not with the OLED panels that were used on the more expensive iPhone devices, like the iPhone X and iPhone XS.

As for the specs and design, the rumored iPhone SE 2 will likely come with a 4.7-inch LCD screen, just like the previous iPhone 8. That’s pretty much smaller than the 5.8-inch display found in the iPhone 11 Pro but slightly bigger than the original iPhone SE device, which has only a 4-inch touchscreen display. The new iPhone SE 2 might come in Space Gray, Silver and Gold color variants. It might also come with a 64GB and 128GB non-expandable storage option.

The iPhone SE 2 is expected to sport the same chassis used in the previous iPhone 8 model. But, the latest concept images showed that the design seems to be much closer to the iPhone 11 Pro.

Like the iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max, the revamped version of the iPhone SE will also get the A13 Bionic chipset. Unfortunately, the new device won't feature the pressure-sensitive 3D Touch display that was used on the 2015 iPhone 6S and iPhone 6S smartphones.

Apple has already stopped using the pressure-sensitive 3D Touch display after the release of the iPhone XS smartphone series. Instead, the tech giant might likely use a software-based technology replacement, which called the Haptic Touch. The company has been using this technology to free up more valuable spaces inside the device and to make room for more electronics and dedicated technology.

As for the pricing and availability, renowned Apple analyst Ming-Chi Kuo, who has years of experience and knowledge of the Apple supply chain and product development, has predicted a $399 price tag for the U.S. mobile market. The rumored iPhone SE 2, which some tech analysts believe will be called as iPhone 8S or iPhone 9, is expected to be introduced by Apple in the early months of 2020.