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A new report indicates that even cheaper Android tablets may be hitting stores in the very near future.

According to Digitimes, 7-inch tablets priced at only $99 could be launched in the third quarter of the year, although the publication doesn’t list any model by name, nor does it mention the OEMs that would create sell such devices.

However, the site indicates that “many brand vendors” are apparently interested in Asus’s MeMo Pad HD 7, the $129 7-inch tablet that was just unveiled at Computex a few weeks ago, mainly because its price, which makes the device one of the most affordable 7-inch tablets in town.

For what it’s worth, cheaper Android tablets are already available in stores – and have been available for quite a while – if you don’t mind buying no-name devices that feature lower-end specs in most cases. But DigiTimes now speculates that “first-tier brand vendors” would join these “white-box tablet players” in releasing cheaper tablets in the coming months.

The new MeMo Pad HD 7 tablet features a 7-inch display with 1280 x 800 resolution, a quad-core Cortex A7 processor, 8/16GB of storage 5-megapixel camera and 1.2-megapixel front-facing camera and Android 4.2 Jelly Bean under the hood.

Obviously, of all upcoming tablets, we’re mostly interested in the upcoming new Nexus 7 model – at least we’re expecting Google to unveil a new model at some point in the future. And it will certainly be very interesting to see whether such a device would also be priced even more competitively than it already is.

Since we’re talking about new Asus creations – we expect the new Nexus 7 to also be made by the company – we’ll also remind you that a 10-inch MeMo Pad FHD 10 packing an Intel processor has also been announced at the same trade show. However, pricing details for the bigger tablet are not available at this time, and we’re definitely curios to see how much this model will cost.

  • AndroidBrian

    Memo pad 7 is my next tablet. I was waiting for the Nexus 7 2. But at that price with a SD slot… Gotta get it.

  • Ruzveh

    but $100 and under for a tablet is already available in the market in plenty. They even offer you quad core and bluetooth 4

  • goof

    The memo pad 7 is £129 and not $129 :P

    • Deano

      goof, the Memo Pad 7 is $129 in the US and £129 in the UK, according to the Amazon sites.

  • 윌 스튜어트

    Current generation Nexus 7 will drop below $99 when the next generation is unveiled.

    • tomn1ce

      Not from the Play Store, Google has a habit of dropping the previous model. Once the Nexus 4 was released the G-Nexus was dropped from the Play Store. The retailers who still offered it were asking for too much. I don’t expect Google to carry both Nexus 7 at the same time…