Chinese computer-maker Lenovo unveiled the Miix2 today, an 8-inch tablet running Windows 8.1 that starts at just $299. The company first teased the mid-sized tablet earlier this year at Computex in Taiwan, but waited until after the release of Windows 8.1 to officially unveil the device.

The Miix2 comes equipped with an 8-inch 1280 x 800-pixel display, a quad-core Intel Bay Trail processor, 2GB of RAM, 32GB of storage (or 64GB for $349), a 5-megapixel rear camera, a 2-megapixel secondary camera, an optional stylus priced at around $20, and comes bundled with Microsoft Office Home and Student 2013 software.

Lenovo’s new tablet is a clear competitor to Dell’s recently announced Venue 8 Pro, which offers the same screen-size, same software and even the same price tag. The Chinese manufacturer has taken a huge bite out of computer shipments from U.S. companies, and now the two will be going head to head this holiday season.

Lenovo’s tablet is slightly thinner—8.35mm compared to 8.9mm on the Venue 8 Pro—but we really liked the textured back casing on Dell’s tablet. In the end though, we’ll have to reserve judgement until we get some hands-on time with the the Miix2.