Lenovo announced the next ThinkPad 10 at Lenovo’s TechWorld event in Beijing recently. The device will be launched in August this year with pricing starting at $549. It is seen as the competitor of Microsoft Surface 3 as both of them are running on Windows 10. Both of the devices also have similar features.

The new ThinkPad 10 is designed to be a business tablet which can be transformed into a small laptop. It is similar as the previous ThinkPad 10 but with some improvements. One of the similar features is the display size, a 10.1-inch panel with 1920 x 1200 pixels resolution.

The new ThinkPad 10 might be running on Intel Atom Z8500 which is a 1.44 GHz quad-core processor with 2.24GHz frequency or Intel Atom Z8700 which is a 1.6GHz quad-core CPU with frequency up to 2.6GHz. On top of that, the device will come in either 2GB RAM memory or 4GB RAM with internal storage of 64GB or 128GB.Furthermore, there will also be a pair of stereo speakers, a 5MP rear camera with LED flash, a 1.3MP front camera, an optional LTE connectivity as well as a microSD card slot.

On top of the tablet itself, the manufacturer also offers a range of accessories which can transform the device into a low-powered notebook, such as the “Ultrabook Keyboard”, a stylus which can convert handwriting into a text on the screen, a dock as well as a few cases.