Lenovo is working on a new Smartphone to take on the Asus ZenFone 2. The Lenovo K80 will compete with the ZenFone 2 in terms of specs, as well as pricing. Starting April 30th, Lenovo's K80 handset will go on sale in China for CNY 1,799 (which translates to $290).

Lenovo K80 specs:

5.5-inch Full HD (1920x1080) display

1.8GHz Intel Atom 64-bit processor

4GB RAM

13MP rear camera with OIS

64GB internal storage

4000mAh battery

Android 5.0 Lollipop

The Lenovo K80 will also be offered with 2GB RAM and 32GB of internal storage at a lower price point. That will again go up against Asus' cheaper ZenFone 2 models.