iPhone 5SE Price Announced; Special Edition Unit To Be Released Earlier Than Expected?

Rumors have predicted that the upcoming iPhone is 5SE instead of the earlier announced rumored 6C model. Release Date and Price Announced.
Apparently, the rumoured 6C isn't going to make its debut this year. 9To5Mac states that the rumoured iphone model that is likely to get released this year is actually 5SE and not the former. Also, it is believed that the new iphone with a smaller display might be the existing 5S model that could be upgraded to this version.
The new iphone is likely to retain most of the 5S model's design including its cost, a headphone jack and include modern technologies of the company's upgrade devices. It might be internally codenames as N69 and launched as 5SE. The 'SE' Suffix could indicate that it is a Special Edition!
The expected upgrades of the iphone 5S would be Similar 6S color options, Curved edges, Similar camera features as that of iphone 6 including Live photos, Faster Wi-Fi, The A8 and M8 chips, Barometer, NFC chip, etc.
However, the new special edition 5s would have its display screen that resembles the 2013 model but will include future major iOS updates. Since this device has already gone into production phase, according to sources, the older 5S devices would be discontinued.
Apple Insider suggests that the upcoming device is likely to feature a 4 inch retina display that resembles that of the 5S model. However it is believed that a pressure sensitive 3D Touch input isn't going to occur.
And unlike the 5C model, this one might sport a metal enclosure (instead of plastic) to give it a more premium feel to imitate the 6S and iPhone 6 Series.
There is no information yet about the memory configurations that might be offered. However, it is not expected to cross 64 GB.
The iPhone 5SE is likely to get released in March 2016 and is expected to take follow 5S's selling price of $450.