As early as December 2019, Guo Mingchi said that Apple will launch iPhone SE Plus in the first half of 2021. However, he recently said that he expects the iPhone SE Plus to be postponed until the second half of 2021.
No Face ID and no Home button
The iPhone SE Plus is expected to use a 5.5-inch or 6.1-inch screen, but it will not have a Face ID. Although Touch ID will be used, the home button is changed to the power button plus a fingerprint scanner, which increases the available screen space. In terms of price, it is expected to be above the current iPhone SE, but below the iPhone XR.