Those of us wanting to get our hands on the oft-rumored Google branded tablet will have to wait a little longer. In a statement provided to The Verge, sources close to the project stated that in its current state, the Google-branded tablet would have to sell for $249. This has caused Google to search for ways to drive the price of the tablet down into the $149-199 price range as it hopes to compete with the Kindle Fire and a rumored 7-8″ iPad mini.
The sources also confirmed that ASUS was in fact working on the Nexus Tablet, and that it used NVIDIA’s Tegra 3 system on a chip. This is contrary to previous reports that Google and ASUS had moved to a Qualcomm Snapdragon S4 chip, though the specifications are obviously not final.
From the report, we can speculate that a co-branded Google and ASUS tablet will be coming in Q3 of this year, feature some fairly high-end specs, and will likely retail for $199. Whether a pure-Google Android 4.0 tablet will be enough to steal customers away from the Kindle Fire or Apple’s iPad remains to be seen, but it’s safe to say we’re excited to see what Google brings to the table as it attempts to double-down on the tablet industry.