Asustek has just prepared cheapest 7-inch tablets ever. The ASUS 8GB storage MeMO Pad HD 7 is priced at US$129. Previously the Acer's Iconia B1 is the lowest cost 7-inch tablet available to purchase at US$149 with a dual-core processor inside. According to DigiTimes, ODMs sources now thinks that other tablet manufacturing companies will join the competition to creat low cost tablets ever. This is a positive sign for buyers and it is expected that 7-inch tablets of cost US$99 can hit markets during third quarter of 2013.