The iPhone SE 2 will reportedly be little more than an iPhone 8 with an A13 chip, more RAM

It’ll probably be very cheap though.

If you’ve been waiting for a new iPhone SE to come along, your patience might soon be rewarded. According to a new report from Ming-Chi Kuo, Apple is looking to launch a new version of the budget phone early next year, but it might not be all you hoped for.

In a new analyst note, Kuo predicts that the iPhone SE 2 will have a similar “form factor design and hardware spec” to the iPhone 8, which Apple currently sells for $449.
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https://www.macworld.com/article/3444097/iphone-se-2-iphone-8-a13-ram-release.html