Component makers in the iPhone supply chain in Taiwan are mostly conservative about the prospects of the new iPhone SE, expecting total shipments to reach 15 million units in 2016, according sources.

Foxconn Electronics reportedly has landed all the initial orders for the iPhone SE along with the 9.7-inch iPad Pro, and therefore will benefit most from the new releases, said the sources.

The iPhone SE offers performance with the same 64-bit A9 chip in the iPhone 6s and iPhone 6s Plus, longer battery life, faster wireless, a 12-megapixel iSight camera featuring Live Photos and Ultra HD video, Touch ID and Apple Pay, according to Apple.

Current shipments of all iPhone devices total about 50 million units a quarter.