hTC 316 is a bit different from the Desire 516 in some respects, in fact in some websites 516 is given as model number instead of 316. However this is confirm that it is hTC Desire 316 that we are talking about.
The Desire 316 runs Android 4.3 Jelly Bean, and sports a 5-inch qHD (540 x 960) display. It weighs 160 grams, measures 140 x 72 x 9.7 mm, and further features a 5MP rear camera, VGA front-facing camera, quad-core 1.2GHz Snapdragon 200 processor, 512MB of RAM, 4GB of internal memory, and microSD card support. On the back of the device there’s a 1,950 mAh battery.
Probably it is contemplated that Desire 316 would be economical and affordable yet not exactly can be said anything about its certain price. hTC desire 316 has a limited flight and would not be landing in all the market of the world and would be restricted only a few selected countries.