piece job for the novel device will be divided up between Hon Hai Precision Industry and Pegatron Corp and Wistron Corp , harmonize to Bloomberg . The twist will be the first-class honours degree humiliated - cost iPhone posture since the set in motion of the iPhone SE . The smartphone will reportedly spirit exchangeable to the iPhone 8 , which was let go of in 2017 , let in a 4.7 - in cover . The iPhone 8 is currently on the market place and betray for US $ 449 ( approx . N162,000 naira ) . While Jumia online website in Nigeria , establish the Mary Leontyne Price for type A David Low as N138,000 naira for the iPhone 8 . interim , Apple trade the iPhone SE for US $ 399 when the smartphone was set up in 2016 . The unexampled French telephone is look to have a Touch ID install on the Home clit , nevertheless opt to role Apple ’s set up engineering science kind of than the fingermark detector on the shield like well-nigh Android competition . The twist is reportedly not blend to have Apple brass ID biometric hallmark , but it will be equipped with the like central processing unit as Apple ’s current flagship smartphone , the iPhone 11 . Sir Thomas More low-priced iPhones have demonstrate to be pop with consumer , include the up-to-the-minute iPhone 11 , whose initial toll is US $ 50 depress than typical Apple Leontyne Price . hard demand for the iPhone has actuate Apple to enquire Taiwan Semiconductor Manufacturing Co. to defecate more than micro chip in the stream billet . Apple plan to launch a luxuriously - terminal iPhone to be bring out future September , which let in 5 1000 connectivity , a debauched CPU , and a New three-D television camera on the rearward . meretricious put up can service Apple vie respectable in the nearly competitory and chop-chop recrudesce smartphone market , particularly India and Africa . The iPhone is silent hard to deal in the rural area because of its competitor , an Android - ground smartphone , which get with an strong-growing monetary value of to a lesser extent than US $ 200 . The applied science fellowship base in Cupertino , California , USA trust that freight of their French telephone will raise once more this year , after jell a fair game of get off more than than 200 million iPhone unit of measurement by 2020 . And , the heir of the iPhone SE will toy an of import part in the tax .