Asus has been one of the last manufacturers to unveil their new devices at this year's Mobile World Congress, but looking at the newly announced Zenfone 5Z, it seems the wait has been worthwhile.

The Taiwanese manufacturer's new flagship model comes with premium specs all around, including Qualcomm's latest and greatest chipset Snapdragon 845 and an iPhone X-style almost bezel-less 6.2" display with "camera notch" and FHD+ resolution. 8GB RAM, 128GB of expandable storage, and a 3,300 mAh battery complete an impressive spec sheet.

But the ZenFone 5Z is not only about processing power and big screens, it's also got a lot to offer in the camera department. The main camera features a 12MP 1/2.55" Sony IMX363 Sensor and a lens with 25mm equivalent focal length and fast F1.8 aperture.

3-axis optical image stabilization and Dual-Pixel AF are on board as well. In video mode, the Zenfone 5Z can record 4K footage at 30 frames per second, and the secondary camera comes with a 120-degree super-wide-angle lens and 8MP pixel count—similar to what we've seen on recent LG models such as the G6 or V30.

On the software side of things, the 5Z camera offers an HDR night mode and an AI-powered automatic scene mode selector that is capable of learning user preferences.

All of the aforementioned components are wrapped up in a sleek-looking glass-covered body, and if the ZenFone 5Z performs as well as it looks, it could be one of the most compelling smartphone options in 2018.

That's especially true when considering its price point. In Europe, the Asus ZenFone 5Z will retail at 600 Euros (approximately $735 USD) which is a good chunk less expensive than similarly specced models from the more established competition.