Overlapping UI issue in iOS 17.5.1 iPhone 14 Pro

phone: iPhone 14 Pro

iOS: 17.5.1

issue: Overlapping UI

PFA as the screenshot.

I updated my iPhone with the latest iOS update available & now I see this UI issue.

The icon & texts seem to be overlapping with the below utilities like - the icon of Phone, Microphone, Location, Camera of LHS & RHS.

Check the attached screenshot.