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According to Taiwan's Economic Daily News, Apple is preparing an updated iPhone SE for launch during the first half of 2018, with sources reporting the device will be assembled exclusively by Taiwanese manufacturer Wistron at their factory in Bengaluru, India. The flagship phone was priced at $999 dollars on its release date. Design wise, it is extremely unlikely that Apple will equip the iPhone SE with an edge-to-edge display.
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The report did not offer details about features the iPhone SE2 will have, but previous rumors have said the new version will sport a 4-inch screen with Touch ID and may come in 32GB or 128GB models. As per the latest reports, the second standard edition handset will arrive in mid-2018.
It's likely the phone will have a more powerful processor to run Apple's new iOS 11 operating system. This strategy is typical of Apple. As the SE was significantly less expensive than Apple's luxury phones, it may very well be that the company is looking to focus their efforts on increasing their representation in the huge market that is India.
Rumors about the iPhone SE 2 have been going around for months, but Apple made no mention of such device in the company's recent keynote events. The country has already showed a large interest in investing the Apple's technology.