The iPhone SE (1st generation) is now being sold for over 200,000 won (US$140) on second-hand marketplaces. Even the iPhone 6s, a model released a decade ago, is fetching around 100,000 won.

A view of the 2022 Apple iPhone SE. ... The demand for the iPhone SE (1st generation), first released in 2016, has even led to the term “iPhone SE phenomenon”. Advertisement.