Apple to unveil iPhone SE-like low-cost phone in 2020: Nikkei

Apple will unveil a new low-cost iPhone in 2020, its first-ever since the launch of iPhone SE in 2016, Nikkei reported on Wednesday. The move aims to retake ground it lost in China and India to companies like Huawei, Samsung and Xiaomi. The size of the new model will be similar to the 4.7-inch iPhone 8, introduced in 2017.