We've been hearing rumors of an ASUS-manufactured Google "Nexus" tablet for the past few months, mostly from unconfirmed or dubious sources. Today, though, The Verge is reporting that such a device is in the works, and is slated for a July launch at the earliest. Apparently the 7-inch ICS tablet is being redesigned in an effort to reduce its cost (and price tag), resulting in the release window being pushed back from May.
The old design would've made it to market at a $249 price point, but Google is apparently pushing for an even lower price. Current specs are said to include a 7-inch screen, Android 4.0 Ice Cream Sandwich and a quad-core NVIDIA Tegra 3 processor. Of course, if this thing's going back to the drawing board, some of that may change, at least on the hardware side.
If a July launch is indeed in the cards, there's every chance we'll see this thing at Google IO in late June. However, as some of us have pointed out, it'll need to be more than "just another Android tablet" if it's to have any hope of making a dent in Apple's market share.
Source: The Verge