Apple will likely debut its new iPhone SE in the first half of this year.
The company is planning to begin mass producing a new less expensive iPhone in February in anticipation of a March launch, according to Bloomberg.
Kuo, who has a noteworthy reputation when it comes to reporting on unreleased Apple products, also previously said that the phone will be released in the first quarter of 2020, according to 9to5Mac. The Japanese financial news outlet Nikkei Asian Review also reported in September that Apple would release a new low-cost iPhone in spring 2020.
Apple usually reveals its new iPhones in the fall, but it's not unusual for the company to launch other new products in the spring timeframe. In March 2019, for example, it launched a new pair of AirPods and new iPads.
It also launched the original iPhone SE in March of 2016.