Apple to start production for new low-cost iPhone in February

Apple Inc. plans to begin manufacturing a new low-cost iPhone in February with the intent to capture a larger smartphone market reports Bloomberg.

The phone which will purportedly look like the iPhone 8 is expected to be officially unveiled in March.

It is expected that the new phone will have Touch ID built into the home button, reusing reputable Apple technology. The phone will have the same processor as Apple’s current star product, the iPhone 11.



However, the phone smaller phone will not have Face ID.

Furthermore, Bloomberg reveals Apple is planning a range of new high-end iPhones to be launched later in 2020 that include 5G connectivity, faster processors, and new 3-D cameras on the back.

A low-priced phone my help Apple compete in the most price-competitive and fast-growing emerging phone markets like India.



Earlier, Apple Inc (AAPL.O) caught up with hardware rivals by revealing a triple-camera iPhone, and it rolled out a streaming TV service priced at $5 a month, undercutting Disney and Netflix.

Analysts expect Apple will sell around 200 million iPhones in 2020, in addition to other devices, and while many of those will be in China, it ensures at least tens of millions of potential viewers for the subscription service.