Ming-Chi Kuo, a long-time Apple analyst, predicts in his latest report that Apple will launch the iPhone SE 2 in the first quarter of 2020.
The smaller iPhone will resemble the iPhone 8 in design equipped with the A13 chip and 3Gb LPDDR4X memory chips.
The price will be lower than before, making it much more attractive to consumers. Its shipment in 2020 will be around 30-40 million, the report said.
Kuo predicts there will be around 100 million iPhone 6 users who will be potential buyer for the iPhone SE 2, as the iOS 13 is unavailable for the iPhone 6.
Ming-Chi Kuo is an analyst at TF International Securities, a financial services group in the Asia-Pacific region. He gathers intelligence from his contacts in Apple's Asian supply chain, translating the information he gleans into research notes for clients.
His research notes often provide a solid look at Apple's future plans and while he is not always correct, his predictions on future Apple products are accurate enough to make him one of the most reliable sources for Apple rumors. Kuo previously worked for KGI Securities, Concord Securities, and DigiTimes.