The new device will purportedly be released in the first half of 2018 and be exclusively manufactured by Wistron in India. Production should begin in heavy volume in the first quarter of 2018, according to the report.
Wistron started production of iPhone SE this year in Bangalore, India, not only directly supplying the local market, but also actively creating a supply chain in India in line with the "Made in India" policy. Although its production is still below the production base in mainland China, Wistron has Bangalore looking for a new plant, to fully expand the iPhone production, the future is expected to use this as a production base to assist Apple's mobile phone exports around the world.
The 'iPhone SE 2' allegedly has the same 4-inch display but adds [Face]* ID. There may be 32GB and 128GB versions and pricing is said to start at $450 USD.
*Economic Daily likely meant Face ID, not Touch ID.
Please follow iClarified on Twitter, Facebook, Google+, or RSS for updates.