Apple has launched a new low-end smartphone called the iPhone 16e, priced at $599, aiming to boost sales after a slow holiday season. The device succeeds the iPhone SE and features Face ID and advanced AI capabilities. A key upgrade is the new in-house C1 modem chip, which will replace Qualcomm’s component. Preorders for the phone begin on February 21, while it goes on sale on February 28.
Source: https://www.bloomberg.com/news/articles/2025-02-19/apple-rolls-out-new-599-iphone-16e-in-bid-to-rekindle-growth