Acer announced a flip Chromebook of their own but instead of running an ARM chip, it comes with a Celeron Braswell processor (N3050), 1366x766 display (it is likely that this is an IPS display) and the the 'choice' (1) between 16GB/32GB storage and 2GB/4GB RAM (in the UK the 4GB configuration is the standard option for Asus's Rockchip based Chromebooks; this may similarly be the case with the Acer R11). Other than the Acer R11 flip Chromebook, Lenovo is releasing their own entry level Chromebook (Chromebook 100S) that costs $179 and comes with a Baytrail-M processor, coupled with the regular 2GB RAM and 16GB storage. There will be more costly models with 4GB RAM and 32GB storage; however, what makes the Lenovo 100S Chromebook different is that it is priced similar to ARM based Chromebooks released by the likes of Asus, Hisense, Haier etc., but with a preferable Intel based processor. At similar price, there is a Windows 10 version of the 100S (Ideapad 100S) but comes with a start configuration of an Intel Atom Z3735F processor. I think the Acer 'Aspire One Cloudbook', as an entry level Windows 10 laptop, is a more attractive option with its Intel Celeron Braswell processor at $189.
(1) Choice isn't really choice, as manufacturers, in Europe, tend to release 2GB RAM as standard, with a 4GB RAM model more difficult to find.