By Chris Smith January 13, 2013 0 31 57 2 For some reason, Asus decided not to unveil its new 7-inch budget-friendly at CES 2013, a device that will compete against the Asus-made Google Nexus 7 too, and instead wait a few days to announce it. The Asus Memo Pad ME172V is now official.Advertisement Yes, we have seen the device in previous leaks, and yes, we were expecting Asus to announce a sub-$200 tablet to take on Apple, Amazon and even Google. At the same time various rumors did suggest that a $99 Nexus 7 tablet would be presented to the world this year – with the ME172V being one likely candidate – but it looks like such a Nexus 7 is yet to arrive, and it’s not going to be the ME172V. And let’s not forget that companies like Acer, Alcatel and Polaroid have their own cheap tablets that are expect to ship in various markets in the coming months. Specs and features The Asus Memo Pad ME172V will not sport high-end specs and features like its older brother, but it will still pack enough power under the hood to meet your mobile needs. Here’s what you can expect from the device: 7-inch display with 1024 x 600 resolution, 140 degree viewing angle and 350cd brightness 1GHz VIA WM8950CPU Mali-400 GPI 1GB of RAM 8GB/16GB storage microSD support for up to 32GB cards 1-megapixel front-facing camera with f2.0 aperture and 720p HD video capture 802.11 b/g/n Wi-Fi micro USB support weight: 0.81 pounds 7-hours battery life Android 4.1 Jelly Bean Price and Release Date We have already told you that ME172V is not comparable to the Nexus 7 when it comes to raw power under the hood, and it looks like Asus is fine with that fact: Our focus for this device is on delivering excellent performance per watt and a smooth and fluid user experience at an extremely affordable price, NOT on winning benchmarks. With that in mind? How much do you think the Asus Memo Pad costs? Just $149. And the tablet is expected to ship in April in various markets including the U.S., although an actual launch date is not available yet. 0 31 57 previous postOUYA, GameStick, and Project Shield: a comparisonnext postWSJ says Apple halved orders for the iPhone 5 display, is Android to blame?