After several months of rumors and leaked information online, Shenzen, China-based Huawei has finally introduced its newest smartphone model, the Huawei Honor 7, at an event in Beijing Tuesday, June 30.

Computerworld lists the Honor 7's specifications, which places the eight-core handset firmly in the growing sector of high-spec devices at relatively mid-range prices. Running on Huawei's in-house 64-bit Kirin 935 chipset which is composed of four Cortex-A53 cores at 2.2 GHz and another four cores at 1.5 GHz, the Honor 7 also has a Mali-628 GPU and 3GB of RAM. The Honor will run Android 5.0-Lollipop skinned with the Emotion 3.1 launcher.

Huawei certainly didn't scrimp on the Honor 7's external design, as it has wrapped the handset's 5.2-inch Full HD screen (1920 X 1080p, 423ppi) in an aluminum unibody chassis that comes in three color variants - white, silver and dark gray.

The Honor 7 goes toe-to-toe with flagship offerings from other phone makers in terms of features, such as LTE, NFC, a fingerprint scanner and a monster 3,100mAH battery that supports fast charging technology to power things along. However, the camera on the handset will undoubtedly be its biggest selling point - the massive 20-Megapixel camera sensor at the back equipped with Phase Detection Autofocus for rapid focusing of subjects, dual-led, dual-tone flash and sapphire protective glass, plus an 8-megapixel, fixed-focus snapper for selfies.

Finally, Huawei's Honor 7 smartphone comes in three different variants: a single-SIM, 16GB option with LTE for 1999 Yuan (about 320 USD), a middle option that offers the same 16GB storage, but this time with dual SIM, 4G LTE for 2199 Yuan (about 350 USD,) and the top-end option being a whopping 64GB of storage, coupled with dual 4G LTE SIM support for 2499 Yuan (about 400 USD.) The Honor 7 is still only being sold in China, but Huawei plans to take it worldwide via e-commerce stores.