India, Feb. 21 -- Tech major Apple has announced the launch of its new addition iPhone 16e, an addition to its iPhone 16 lineup.

The launch of the new device, however, clearly shows the tech major is shifting from its stance of providing an 'affordable' SE segment.

"iPhone 16e delivers fast, smooth performance and breakthrough battery life, thanks to the industry-leading efficiency of the A18 chip and the new Apple C1, the first cellular modem designed by Apple," the tech major said in a statement describing the new model.

iPhone 16e will be available in two matte finishes - black and white - with colorful cases available to accessorize. Pre-orders begin Friday, February 21, with availability beginning Friday, February 28.

"iPhone 16e...