Apple plans to debut low cost 5G iPhone in March - Bloomberg News

FILE PHOTO: Apple logo is seen on the Apple store at The Marche Saint Germain in Paris, France July 15, 2020. REUTERS/Gonzalo Fuentes

(Reuters) - Apple Inc is targeting a date on or near March 8 to unveil a low-cost 5G iPhone and an updated iPad, Bloomberg News reported on Friday, citing people with knowledge of the matter.

According to the report, the new iPhone will be the first update to the iPhone SE model in two years and will feature 5G network capabilities, an improved camera and a faster processor.