We heard rumors before and during CES that ASUS would begin shipping a new sub $150 class Android tablet, and it seems that the rumors were true. The MeMO Pad is a direct competitor with Google's Nexus 7, which by the way, is manufactured by ASUS.

The MeMO Pad is a 7-inch 1024x600, 170 pixels per inch tablet running Android 4.1 Jelly bean. At the MeMO's core is a VIA WM8950 A9 processor running at 1GHz, 1GB of RAM and a Mali-400 GPU. The tablet features a 10 point multi-touch digitizer, and a Micro SD slot that supports up to 32GB SDHC cards.

With a 140-degree viewing angle, the Nexus 7's IPS display greatly outshines the MeMO however. 802.11 N, 720p, 30FPS front facing camera, and a 4270mAh Li-Po battery round off the 7" tablets features. The MeMo is finished with a rubberized coating and is available in three colors including white, grey and pink. The MeMO is expected to ship in April at a price point of $150.