Amazon just unveiled its first sub-$50 media streamer capable of streaming 4K content.

The new Amazon Fire TV Stick 4K is a media hub that supports ultra high definition (UHD, or 4K) streaming video with high dynamic range (HDR) in HDR10, HDR10+, and Dolby Vision formats.

The Fire TV Stick 4K features a 1.7GHz quad-core processor that Amazon claims is 80 percent more powerful than the standard Fire TV Stick. This improved performance should result in faster menu navigation and app switching, but more importantly it enables 4K video streaming when the Fire TV Stick only supports video up to 1080p.

The Dolby Vision support is also notable; Roku recently announced its own sub-$50 4K media streamers, the Roku Premiere and Premiere+, but they only support HDR content in HDR10 and not Dolby Vision.

More From PCmag

The Fire TV Stick 4K comes with a new Alexa Voice Remote. All Fire TV devices have come with the original wand-shaped, microphone-equipped Alexa Voice remote for a while, and this represents the first significant update to the device.

The new Alexa Voice Remote adds an infrared transmitter and dedicated buttons for power and volume control, letting users control their connected TV, soundbar, cable box, and other devices without using a separate remote. Of course, it still has a microphone for using the Alexa voice assistant on the Fire TV Stick 4K, and still connects to the stick wirelessly with Bluetooth, so you don't need line of sight with it (you still need to point the remote at the other devices you want to control).

The Amazon Fire TV Stick 4K ships Oct. 31 in the US and Canada, and will be available Nov. 14 in the UK, Germany, and India. It will retail for $49.99 and include the new Alexa Voice Remote. Current Fire TV device users can buy the new remote separately for $29.99, and it will be available at the same time as the Fire TV Stick 4K. The Amazon Fire TV Cube will also include the new Alexa Voice Remote starting Oct. 31.

This article originally appeared on PCMag.com.