Last month, vivo’s iQOO sub-brand introduced the iQOO 3 5G, one of the most affordable Snapdragon 865-powered phones on the market. Now the company has gone even more aggressive with the new iQOO Neo3. It comes with a 144Hz refresh rate display, Snapdragon 865 chipset, dual-mode 5G connectivity and a CNY 2,698 ($380/INR 28,990) starting price.

The iQOO Neo3 is built around a 6.57-inch FHD+ LCD panel with a 144Hz refresh rate. It’s also HDR10 compliant and comes with a 20:9 aspect ratio. The panel has a punch-hole cutout in the top right corner for the 16MP selfie cam.

Around the back we have a 48MP main camera, joined by an 8MP ultrawide shooter and a 2MP macro snapper.

The Snapdragon 865 sits at the helm aided by 6/8/12GB RAM and up to 256GB UFS 3.1 storage. The 4,500mAh battery supports 44W fast charging.

On the software front, we have iQOO UI on top of Android 10. The phone boasts stereo speakers, a headphone jack and a side-mounted fingerprint scanner.

The iQOO Neo3 will come in black and blue colors. Pricing starts at CNY 2,698 ($380/INR 28,991) for the 6/128GB trim, there’s also an 8/128GB model for CNY 2,998 ($423/INR 32,190) and a 12/128GB version for CNY 3,298 ($466/INR 35,425).Those in need of more storage can opt for the 8/256GB version which will go for CNY 3,398 ($480/INR 36,500).

The iQOO Neo3 is already up for pre-order while official sales in China tip-off on April 29. International availability is yet to be detailed.