On April 24, Apple launched its iPhone SE 2020 for CNY 3299 ($465). It is the cheapest Apple phone currently available, but it is still not as cheap as it should be.
Recently, a local cybersurfer uploaded a simple teardown video of the iPhone SE 2020. In that teardown video, the iPhone SE 2020 was compared with the iPhone 8. Overall, Apple didn’t let everyone down because the new phone is a derivative of the iPhone 8.

After disassembly, it was found that most components of the iPhone SE 2020 are exactly the same as those of the iPhone 8. However, differences still exist in components such as the modem, Wi-Fi chip, battery, and flash setup. The camera module and processor are the same as the iPhone 11 and iPhone 11 Pro.
The iPhone SE 2020 seems to outperform the iPhone 8 in almost every aspect. However, according to information on Weibo, the cost of the iPhone SE 2020 is 18% lower than the iPhone 8, about $217 (CNY 1,539), which is exactly why it is priced more affordably.
The iPhone SE 2020 (64GB version) has a parts cost of only $217, which is still 18% lower than the iPhone 8. Compared to the iPhone 8 (worth 38%) and iPhone 11 (costing 48%), consumers get a relatively high cost-performance ratio when purchasing the iPhone SE 2020.