The AMD Radeon R7 250 and R7 260X are already on the market, but the R7-260 had not been released until now. AMD has launched it, and its specifications are known.
The graphics card is based on the 28 nm Bonaire silicon, which is the same die as featured in the R7-260X or HD 7790. That said, it does feature fewer stream processors, as only 768 out of the 896 cores are enabled. Its clock speed has also been reduced to 1.0 GHz, as compared to the 1.1 GHz clock speed of the R7-260X. The R7-260's memory runs at an effective speed of 6.0 GHz and tallies up to 1 GB over a 128-bit wide memory interface.
Pleasantly, the card also supports a number of the new technologies from AMD, including Mantle and TrueAudio. It also has support for DirectX 11.2.
There was no official word on what the card would cost, but it seems that it'll be priced at around $110 to sit between the pricing of the R7 250 and the R7 260X. It is expected to start shipping halfway through January.