iPhone SE is one of the most popular iPhones because the price is the cheapest compared to other iPhone series. The iPhone SE 3 will reportedly use a design similar to the iPhone XR.
This means, the next iPhone SE will have a screen with a notch, thin bezels, and no home button. Even so, it is reported that this iPhone will still be equipped with Touch ID, which is installed on the power button like in some iPad series.
But there are also rumors that say that the iPhone SE 3 will be equipped with Face ID, not Touch ID.
Not only that, the iPhone SE 3 will use the A15 Bionic chip made with 5nm manufacturing, it also supports 5G networks.
Because it uses the design of the iPhone XR, the screen size of the iPhone SE 3 will 'upgrade' compared to the previous series, which is 6.1 inches. The iPhone SE 2020 previously used a 4.7-inch screen because it was based on the iPhone 8.
While the first generation iPhone SE has a 4-inch screen because it uses the iPhone 5S design. Historically, the iPhone SE has always used the design of the previous iPhone series but with updated innards, such as the Apple A9 on the iPhone SE and the Apple A13 Bionic on the iPhone SE 2020.
Regarding the recycling of this device design, it seems that Apple's expertise. Previously they also released the AirPods 3 which are similar in design to the AirPods Pro but without silicone eartips.
Oh yes, the iPhone SE 3 will also reportedly be the last iPhone to use an LCD panel. Namely an LCD panel with a resolution of 1792 x 828 like the iPhone XR. While other iPhone variants are likely to switch to OLED like all iPhone 13 and 12 lines.