Eight-inch 1280 x 800 screen, Intel Z3735F CPU, 2GBs of RAM, 64GBs of internal storage, 2MP front and 5MP back cameras, 4,500mah battery.
For 699 yuan. That’s about US$112.
More details at the Pipo forum [Google Translate].
Expect the same from others and for a tablet like this to drop in price by probably half towards the end of the year.