New low-cost iPhone confirmed. Announced in March

As powerful as the iPhone 11, but significantly less expensive.

Bloomberg, citing sources familiar with Apple's plans confirmed the imminent launch of the new budget iPhone. According to insiders, the production of the device will start in February, and the official announcement will take place in March.

By launching a low-cost smartphone at the beginning of the year, Apple plans to expand its global reach in anticipation of 5G iPhone models coming this fall. The assembly of the budget novelty will be distributed among Hon Hai Precision Industry, Pegatron Corp. and Wistron Corp.

The smartphone itself should be a direct successor to the iPhone SE, but in size it will be closer to the iPhone 8. It is credited with a 4.7-inch screen, the classic Touch ID fingerprint scanner in the button below the display, and the flagship A13 processor, like the iPhone 11.

The novelty will target emerging markets where it is extremely difficult to sell smartphones with price tags of $ 1,000. According to earlier