Apple is reportedly preparing to launch an updated version of its lower-cost iPhone SE as soon as next week. The company plans to unveil the device via its website rather than hosting a high-profile event,

Apple’s eagerly awaited return to the ultra-competitive mid-range smartphone market with a new iPhone SE could happen in the next week.

The new device is expected to ship with Apple Intelligence and Face ID. It's unclear if Apple will stick with the $429 price tag, though.