Apple is expected to announce the iPhone SE 4 in the first half of 2025. According to insider information, the new smartphone will cost less than $500. This price is likely achievable due to the use of Apple's own modem chip, which will help the company avoid licensing fees to Qualcomm. Currently, the latest generation iPhone SE starts at $429.
Apple has long been aiming to transition to its own modems for mobile devices. Beyond reducing costs, this move could allow the company to further optimize its devices, similar to how Apple Silicon processors have been refined.
As previously mentioned, the iPhone SE 4 will feature the body design of the iPhone 14, a 6.06-inch OLED display, and support for Face ID. Additionally, the cameras are expected to be similar to those found in the iPhone 15.