What's Important in the Financial World (10/18/2012)

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The company is currently working with Taiwan-based Quanta Computer to produce a $99 Nexus tablet boasting a single-core processor that will launch by the end of this year, Digitimes is reporting today, citing sources. According to the tech-news blog's sources, the tablet isn't being developed in partnership with Asus, the company that helped Google build its Nexus 7. The cheaper tablet is, at least right now, separate from the Nexus 7 lineup.

Digitimes reported on the possibility of a new Nexus tablet last month, saying that Google was prepping a version that would cost $99, as well as another that would retail for $199. At that time, the blog indicated that the device would be called the Nexus 7 and would be developed in partnership with Asus. Its sources seem to indicate now that neither of those are claims are true.

Soon, to get market share and sell ancillary products, these companies will give the devices away for free.

Douglas A. McIntyre

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