Leading tech company and producer of consumer electronics Apple Inc. (AAPL) will now be releasing only 5G enabled IPhones starting from 2022. This information was revealed by an insider source which declined being revealed since the company is yet to make the revelation official.
According to the source, Apple will also be revamping its IPhone budget for the first time in two years.
The insider says that IPhone will start selling a 5G version of iPhone SE in the first half of 2022, further adding that the budget iPhone will be powered by its A15 processor and its 5G connectivity.
The budget IPhone will be using X60 modem chip which is manufactured by chip maker Qualcomm Inc. (QCOM).
“Apple will not introduce an updated version of its iPhone Mini next year, after it failed to become popular among consumers,” said the source.