Probably the biggest upgrade in the iPhone SE 4 will be the removal of the home button, meaning the handset will join the other Apple devices that use Face ID. It's said to closely resemble the iPhone 14, including the notch cutout, and use an OLED instead of LCD display.
Gurman also said that the iPhone SE 4 will likely be powered by the same A18 chip found in the iPhone 16 and 16 Plus, thereby enabling support for Apple Intelligence.