LG is introducing yet another variation of its flagship G3 smartphone, one which seems likely to go head-to-head with Samsung’s Galaxy Note range of phablets — perhaps with a lower price tag.

Announced today, the LG G3 Stylus will be unveiled at the IFA electronics event in Berlin next month.

The device maintains the same 5.5-inch size as the flagship G3, though it runs on a 1.3 GHz quad-core processor — that’s a step down from the G3’s 2.5Ghz Snapdragon 801 chipset. The G3 Stylus includes the same 13-megapixel rear-facing camera as its bigger brother, but the front-facing camera is reduced to 1.3-megapixels — down from 2.1-megapixels on the G3.

LG G3 STYLUS 12 e1409021587393 LG announces the G3 Stylus, a Samsung Galaxy Note rival with a fair price

The G3 Stylus runs on Android KitKat (version 4.4.2), and its other specs include 8GB, 1 GB RAM and a 3,000 mAh battery. The comparisons with Samsung’s Galaxy Note are made clearer still with the inclusion of a stylus — as the device’s name hints — which LG says is “perfect for effortless jotting, doodling and sketching with precision.”

The most striking detail of the phone isn’t a feature at all, it’s the price. Although LG hasn’t confirmed exactly how much it will retail for, it does say that the G3 Stylus will be available for “a fair price.” That indicates that it will perhaps undercut the cost of Samsung’s upcoming Galaxy Note 4, which is also set to be unveiled at IFA, as Samsung has hinted.