HTC One 2 (M8) release may bring a double dose happiness to HTC fans. The buzz is that HTC will be launching a budget phone alongside HTC One 2 (M8). The budget offering from HTC may look like Motorola Moto G. If the leaked photos of cheaper HTC model are anything to go by then the phone will come in varies hues including red, orange, blue and yellow.

The grapevine has it that the budget friendly HTC one will sport a 5-inch 720p HD screen coupled with an 8MP camera. To keep the price low HTC will do away with ultra pixel technology and in all probability the device will be part of HTC desire range. It is further rumored that HTC One will have Sense 5.5 and will run on Android 4.3 Jelly Bean.

It will be powered by MediaTek octa-core processor and is speculated to be priced at AU$380.

Meanwhile, an HTC insider revealed to that keeping the big screen trend in mind HTC One  2 will come with a 5-inch screen and it will be powered by Qualcomm’s latest Snapdragon processor.

To add more value to its flagship device, HTC will make for great photography experience with twin-sensor rear camera, which will be coupled with its unique ultrapixel technology.

 HTC One 2 (M8) and cheaper HTC phones are touted to launch at MWC this year.