Apple Inc. this week said it will release the iPhone SE, a second-generation version of its budget phone, starting at $399.

The iPhone SE will include the A13 Bionic CPU found in the current iPhone 11. In addition, it will feature a 4.7-inch Retina HD display and Touch ID found in the prior iPhone 8.

The single-camera system includes a 12MP f/1.8 aperture Wide camera in combination with the Neural Engine from the A13 for computational photography, including Portrait mode.

The final product will include wireless charging, fast charging, IP67 rated water and dust resistance, and 4K 60FPS video from the main camera. Battery life is said to be similar to the iPhone 8 at 13 hours of video playback or eight hours of streaming video.

The 64GB SKU will be sold at $399, 128GB at $449 and 256GB at $549. Pre-orders sales start Apr. 15.

It will be released Apr. 24.