The Honor 5X will soon receive a more affordable sibling, the Huawei Honor 5C. The info is limited, but we're looking at a brand new design and an upgraded chipset compared to its predecessor, the 4C.
The chipset will be a big upgrade - going from Kirin 620 to Kirin 950. That's the same chipset that powers the Mate 8 and substitutes four of the CPU cores for powerful Cortex-A72s, not to mention the more powerful GPU.
The new chipset also brings LTE (which was omitted on the 4C). It's speedy LTE Cat. 6 for up to 300Mbps downloads.
The final piece of info is a date, "4.13," which translates to next Wednesday.
So I was wrong. And? Haha.
Ok, what do you say now Dead Brains? http://www.gsmarena.com/huawei_honor_5c_is_official_with_a_kirin_650_soc_and_52_fullhd_display-news-18000.php
Say that with all the certainty you like. Still just a rumor.