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Google has introduced their new tablet branded as Google Nexus 7 but it was made by Asus. This is first tablet that holds the Google name and their logo. It was introduced on Google’s I/O conference this week and it is going to shake the competition, not with its awesome power or capabilities, but with the price/hardware ratio.

As its name shows, it is a 7 inch tablet that has an IPS LED backlight screen with Gorilla Glass protection and has a resolution of 1280×800, that measures up to a good pixel density of 216ppi. The tablet is based on a Tegra 3 quad-core chip that works on 1.3GHz. Additionally it has an nVidia GeForce GPU that has 12 ultralow voltage cores. The RAM memory is a standard 1GB. It will come in two variants that will have 8GB or 16GB of storage space.

On the standard connection protocols it has a Wi-Fi a/b/g/n, a NFC chip and a standard Bluetooth. It will come in two variants. One of them will have Google’s Wallet installed and the other without it, they are called ‘takju’ and ‘yakju’.  The models won’t come with 3G support, but that is one of the ways of keeping this tablet cheap. The other way is the cameras. It has only front facing camera that has a 1.2MP chip that can shoot a 720p video. The only bad thing is that it doesn’t have a card slot, but it has a microUSB.

The other great thing is that this tablet will work on Google’s latest masterpiece the newest version of Android 4.1 called (Jelly Bean) that comes preinstalled with it. The overall dimensions measure 198.5x120x10.5mm and it weighs 340g that is great for its size.

The price of Nexus 7 will be $199 for the 8GB one and $249 for the 16GB. These prices make it a great competitor at the middle range fighting of the competition represented by Amazon Kindle Fire and Samsung Galaxy Tab 2.