https://wccftech.com/the-apple-watch-se-is-the-affordable-apple-watch-that-everyone-can-buy/

Aside from introducing the Apple Watch Series 6, Apple has introduced a new Apple Watch as well that is made for people who are looking to buy something that is more affordable. The Apple Watch SE is now coming to the market, which is an affordable model, and will be available in both GPS-only and cellular models. The Apple Watch SE does come with some cut downs, but in most cases, it is a lot similar to the Apple Watch SE, especially if you are on the lookout for something that is more and more affordable.

The watch is two times faster than the Series 3, you have features such as a compass, and always on the altimeter. It is made using 100% recycled aluminium case, and you also have the S5  chip under the hood. The watch is swim-proof, and available in a cellular or GPS the only variant, as well. You are also getting support for Face Sharing, Family Setup, Fall Detection, Sleep Tracking and other similar features.