https://wccftech.com/2020-iphone-se-lack-of-5g-discourage-buyers/

The 2020 iPhone SE is official now, promising budget-conscious consumers a scaled-back version of the iPhone 11 in the body of iPhone 8. While the prospects of the A13 Bionic and iOS on a device starting at $399 might excite some consumers, a new report doesn’t see that happening in China, despite the fact that the same report states that it will appeal to users who are upgrading from an iPhone 6.

The iPhone SE is largely expected to entice iPhone 6 owners who want to upgrade to the latest version of iOS without spending a lot. These are the consumers who typically hold on to their phones for as long as five years, upgrading only when the device breaks or the battery reaches a stage where they are forced to upgrade.