Lenovo is a company that is doing pretty well lately, and it seems it has a lot of good plans in the future. As Chromebooks are also doing well, the company plans to release a low-cost version that will be competitively priced and could arrive sometime next year.

The price tag of the upcoming Lenovo Chromebook should be below $170, which could result in lower price of other Chromebooks. Reports are saying the device will use processors from Rockchip Electronics.