Based on a well known Bonaire GPU, which was also behind the Radeon R7 260 graphics card, the Radeon R7 360 also packs 768 Stream Processors, 48 TMUs, 16 ROPs and features 2GB of GDDR5 memory clocked at 1625MHz (6.5Gbps effective) and paired up with a 128-bit memory interface. The GPU on the Sapphire Radeon R7 360 Nitro is clocked at 1060MHz.
As you can see from these specifications, the Radeon R7 360 is pretty much identical to the Radeon R7 260 but has slightly higher clocks. In order to make it a bit special, Sapphire has decided to pair it up with its new dual-slot single-fan cooler and use a shorter 17cm long PCB and cooler. Bear in mind that the R7 360 still needs a single 6-pin PCI-Express power connector but it should fit in most mini-ITX builds.
Unfortunately, Sapphire did not reveal any details regarding the price or the availability date but a quick check shows plenty of Radeon R7 360 graphics cards listed for around US $109.99 in the US and around €110 in Europe.