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Just a day after Apple unveiled its new $399 iPhone SE, Samsung announced it’s finally bringing the Galaxy S10 Lite to the United States, which will launch Friday for $650. It took a while for Samsung to get this device ready, and while it was in the works, the market for midrange phones was getting more and more competitive and crowded. The OnePlus 8 is out there now, and Samsung launched its own series of Galaxy-A value devices last week.

The GalaxyS10 Lite offers a 6.7-inch Full HD+ Super AMOLED Plus Infinity-O display. That’s a panel that should give you a vibrant screen that delivers an overall sharp picture. It has a pinhole centered at the top of the screen for a 32-megapixel front camera.

The rear side has a 5-megapixel macro, a 48-megapixel wide-angle and a 12-megapixel ultrawide lens. So it’s one device that can get three different shots. Quality on these lenses remains to be seen, though.

Its battery supports fast charging. Powering Android with Samsung’s One user interface is a 7nm 64-bit octa-core processor that’s paired with 6GB of RAM. With eight cores it should be plenty to power the Android experience here. Just don’t expect it to be as fast as the Galaxy S20.

So where does the S10 Lite fit into the big picture? There’s the new $399 iPhone SE, which is likely a bit quicker thanks to Apple making the software and hardware. It also uses the A13 Bionic chip, which powers the flagship iPhone 11, 11 Pro and 11 Pro Max. Samsung also just launched a whole line of Galaxy A devices that seem to be the better deal, at less than half the cost of the S10 Lite.

More importantly, though, this Lite model is a version of a phone that isn’t even a flagship anymore. Yes, the S10 family of the device is still on the market, but at this point, you’d be better off purchasing a Galaxy S10e. What once seemed like a good deal and a solid budget phone now seems to be overpriced.

If you’re sold on the S10 Lite, it launches Friday for $650. Samsung will be taking up to $250 off with trade-in and Amazon will be tossing in a pair of Galaxy Buds for free.

While the Amazon deal is solid, we’d recommend waiting a bit and looking at your other options. We’ll be going hands-on with the Galaxy S10 Lite soon enough, and will have a review in the coming weeks.

Note: The prices above reflect the retailer’s listed prices at the time of publication.