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- Apple (NASDAQ:AAPL) is reportedly getting ready to unveil the third-generation of its iPhone SE in the first quarter of 2022, Taiwanese research firm TrendForce says.
- Apple (AAPL) shares are up 1.6% to $162.76 on the day, bucking the decline in the broader equity markets.
- The third-generation iPhone SE is likely to be a "major instrument" for the tech giant to establish a presence for mid-range 5G smartphones, TrendForce added.
- Apple (AAPL) and its manufacturing partners are expected to produce between 25 million and 30 million units of the iPhone SE.
- In addition to the new iPhone SE, Apple will unveil four iPhone models in the second half of 2022, TrendForce says, similar to what it has done in the past several years, after having continued success with the iPad in recent months.
- The current iPhone SE, which starts at $399, is available in 64GB or 128GB storage models and has a 4.7-inch display. It also has Apple's (AAPL) A13 Bionic chip, Touch ID home button, a 12 MP back camera and a 7 MP front camera.