The 70 Titanium is the smallest in the Archos Elements series of tablet. CNET

Archos will release a 7-inch model as part of its Element series of tablets, called the 70 Titanium. The tablet is available for sale now and will ship in February for $119. Its pricing suggests it is set to compete with other already competitively priced 7-inch tablets like the Nexus 7 and Kindle Fire HD.

The Archos 70 Titanium runs Android 4.1, has a 1,024x600-pixel-resolution IPS display, and 8GB of internal storage with a microSD slot. It also houses a 1.6GHz dual-core CPU, a quad-core GPU, and 1GB of RAM. Other features include a front camera and Mini-HDMI and Micro-USB ports.

With 7-inch tablets consistently raising the bar on what it means to have a high-definition screen -- like the Barnes & Noble Nook HD sporting a 1,440x900-pixel resolution -- the Archos 70 Titanium's doesn't impress with its 1,024x600-pixel-resolution screen. The upside is that the tablet costs less than most competitors at $119.

Check back to CNET once the Archos 70 Titanium is released for a full review.