The Android market is no stranger to smartphones that offer some high-profile features and specs, but manage to keep the price tag from skyrocketing. Nokia’s newest smartphone aims to be yet another example of this.

On Thursday, HMD Global and Nokia officially unveiled the Nokia 7.1, a handset that packs quite the punch, but doesn’t aim to gouge the wallet. The handset features a 5.8-inch “Full HD” display, which has a 19:9 aspect ratio and can display HDR content. It can also convert standard definition content to HDR content in real-time, which is definitely the new handset’s standout feature.

Otherwise, the Nokia 7.1 features the Qualcomm Snapdragon 636 processor under the hood, variants that offer either 3GB or 4GB of RAM, and either 32GB or 64GB of built-in storage. The handset supports microSD cards up to 400GB, and the front-facing camera is a 8MP option. Meanwhile, around back, there is a 12-megapixel and 5-megapixel camera setup. The battery measures in at 3060mAh, and it is running Android One — which means the handset is guaranteed to get updates for two years.

The Nokia 7.1 also features a 3.5mm headphone jack and a USB-C port for charging.

The handset retails for $349 and preorders go live from Amazon and Best Buy beginning Friday, October 5. It starts shipping on October 28 in the United States, and on October 17 in the United Kingdom.

Who plans on making this their next daily driver?