ASUS planning $149 7-inch tablet

 ASUS is working on a 7" tablet with a price of $149. Just like the Acer tablet, the model from ASUS will arrive in Q1 2013 and will be primarily intended for emerging markets. Asustek's new 7-inch tablet will focus on emerging markets including India and China, while Lenovo and Samsung Electronics are also preparing products with similar specifications and price levels, but will first observe Acer and Asustek's competition before releasing their products.

Acer's US$99 7-inch tablet will adopt chips from MediaTek and a touch panel from China-based suppliers, and will be manufactured by Compal Electronics, targeting mainly emerging markets.