Huawei officially announced the Honor 7 smartphone on Tuesday, a device that we’ve heard plenty about leading up to the official introduction. It offers quite a few high-end features, including what appears to be a first-class camera, a large battery and more, all for an affordable price.

The Honor 7 sports a 5.2-inch display with a 1080p resolution — sure, it’s not Quad HD, but that will help keep the costs down — and an octa-core Kirin 935 processor. You’ll also find a 20-megapixel camera, an 8-megapixel front-facing camera, a fingerprint reader, support for LTE networks and a large 3,100mAh battery. Android Central said three models will be available, including a 16GB model priced at $320, a dual-SIM 16GB option priced at $355 and a 64GB model priced at $400.

Those prices are pretty compelling considering all of the features the Honor 7 offers, especially since it features a metal body. We’ll hold our judgement for just how good of a device this phone is until we get our hands on with it; we’d like to test the camera, fingerprint reader and processor before making a final call. The phone is set to launch on July 7 in China and we hope to tinker with it shortly thereafter.