Allwinner, a Chinese semiconductor company, has announced their most affordable 64-bit chipset with 4K handling capability. The Allwinner A64 is a quad-core tablet-friendly chipset that is made of ARM Cortex A53 CPU cores. The chip comes with support for Android 5.0 Lollipop and the latest Linux 3.10 kernel. Also, the Allwinner A64 has support for 4K output via HDMI, and H.265/H.264 hardware video decoding.

All this, plus eMMC 5.0 support, Allwinner's own SmartColor technology, and more costs only $5.