Apple released the iPhone SE back in March 2016 making it the cheapest iPhone money could buy at time. Packed with powerful hardware the Apple A9 (14 nm) processor was the most powerful mobile chipset available in the market at that time.
It was surely the budget iPhone, making it irresistible to recommend for both its hardware, display and the cameras. It was packed with Apple’s A9 system-on-chip with a M9 motion coprocessor and supports NFC for Apple Pay. The device was originally released with 16 GB or 64 GB which was later upgraded to 32GB and 128GB of internal storage and featured 12 megapixel rear-facing camera with the ability to record 4K video at 30 frames per second. Unlike the iPhone 6s and 6s Plus, the SE did not include 3D Touch but it was acceptable considering the price for which it was launched.
Given the fact that the iPhone SE was the most sold iPhone globally and after being discontinued from selling, people in India were still buying it and was selling like hot cakes.
Apple today has finally refreshed the older iPhone SE with a newer and improved device that is basically an iPhone 8, but with modern specs.

Priced at $399 making it the most Affordable iPhone, features A13 Bionic, the fastest chip in a Smartphone, and the best single-camera System in an iPhone.
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Old Design Modern Specs:

Continuing the legacy, the Cupertino based company has announced the second-generation iPhone SE and in terms of looks it has the same basic shape and look as the one found on the iPhone 8, which means it has a 4.7-inch Retina HD display, large bezels on the top and bottom, and a home button with Touch ID and haptic touch. It’s a design that has stayed consistent since the iPhone 6, but no offense there cause that 4.7 inch display and that compact and easy to hold form qualifies for best compact phone of the year where phones have got a size and form which we once used to see on tablets.
Build:

Talking about the build iPhone SE features an aerospace-grade aluminum and durable glass design with an all-black front, and is available in black, white and (Product)RED colors. The rear glass finish includes a centered Apple logo and is made using a seven-layer color process for precise hue and opacity, delivering rich depth of color with a color-matched aluminum band. It is water- and dust-resistant with an IP67 rating for water resistance up to 1 meter for 30 minutes although keep note that Apple will not provide any warranty if the device gets damaged due to liquid or any physical factors.
Display:

The device comes with 4.7-inch Retina HD (1334×750 326 ppi) only display with a peak brightness of 625 nits which is similar to the one found on the iPhone 8. Considering the price its difficult to expect a Full-HD AMOLED display but Apple has not disappointed its users and the display has support for True Tone that adjusts the white balance to match the ambient light for a more natural, paper-like viewing experience. The vibrant wide color gamut Retina HD display offers incredible color accuracy, and the display even supports Dolby Vision and HDR10 playback. Sadly the iPhone SE uses Haptic Touch for Quick Actions — such as animating Live Photos, previewing messages, rearranging apps and more — as well as contextual menus.
Security:

iPhone SE also features the familiar Home button with Touch ID and we don’t see any Face Unlock as the display only houses a single selfie camera designed with sapphire crystal to be durable and to protect the sensor, and a steel ring to detect a user’s fingerprint for Touch ID. Using Touch ID is an easy, private and secure alternative to entering a passcode to unlock iPhone, fill in passwords using iCloud Keychain, log in to apps, authorize App Store purchases, and make Apple Pay transactions.
Performance:

Built for efficiency, the A13 Bionic is the latest and the fastest mobile processor available on any device yet, with a dedicated 8-core Neural Engine capable of 5 trillion operations per second, two Machine Learning Accelerators on the CPU and a new Machine Learning Controller to balance performance and efficiency. Together, A13 Bionic and iOS 13 enable new intelligent apps that make use of machine learning and Core ML. With this powerful chip, it can easily handle day to day tasks and even do multitasking like a breeze. One place where this processor shines and shows its actual power is in the filed of rendering 3D and graphic intensive objects and also in AR apps that require heavy process and calculations.
Battery:
Built for efficiency, the A13 Bionic also enables great battery life for iPhone SE. iPhone SE is wireless-charging capable with Qi-certified chargers and also supports fast-charging, giving customers up to 50 percent charge in just 30 minutes. Do note that it only comes with a regular old 5W charger in the box, though it supports 18W fast charging if you have the right adapter or in that case you may purchase it separately from Apple. It uses a Lightning connector for charging and not Type-C which is more convenient.
Other Specs & Features:
The device lacks the 3.5mm headphone jack and so the Lightning port has to double duty as for both charging and connecting wired earphones, thanks to Apple for including that Lightning headphones in the box. It supports Wi-Fi 6, Gigabit LTE, and dual-SIMs. (The second one is an eSIM, however.) It also supports Haptic Touch, which is Apple’s replacement for 3D Touch, amounting to a long press with haptic feedback.
Cameras:

iPhone SE features the a 12-megapixel f/1.8 aperture Wide camera, and has a 7-megapixel front camera with F2.2 lens and uses the image signal processor and Neural Engine of A13 Bionic to unlock even more benefits of computational photography, including Portrait mode, all six Portrait Lighting effects and Depth Control. The rear camera supports high-quality video capture at 4K up to 60fps, and extended dynamic range comes to iPhone SE for more highlight details up to 30fps. The device can even take HDR photos and videos thanks to A13 processor and its capabilities.
Software:

The device comes with iOS 13 out of the box and has all the features found on other Apple devices like support for System-wide dark mode, Apple pay, new camera app, Apple TV, app store, photo and video editor, new and improved file manager and other common stuff. Apple also guarantees 5 years of software updates and security patches so you need not to worry about the update scenario.
Pricing & Availability:

The iPhone SE comes in three beautiful colors — black, white and (PRODUCT)RED — and will be available for pre-order beginning Friday, April 17, starting at just $399 in US and sonn in major cities. The price of the iPhone SE in India starts from Rs 42,500 but you will be able to buy it only after lockdown lifts and markets open.