US: HP to release $99 tablet though Walmart

HP is set to launch a budget tablet through Walmart to target the back to school demand.
According to DigiTimes, The HP tablet will sell for $99 and will have a 7-inch touch panel and Intel’s Medfield-based single-core processor.
Anonymous sources told the website that the tablet will be manufactured by BYD, making it the second tablet that HP has outsourced to the China-based maker.
If the rumours are true, this will be the first time HP has launched a tablet for under $100. However, back in 2011, the firm did slash the price of its TouchPad from $499 to $99 in a bid to clear out inventory due to weak demand.
Acer’s Iconia B1 is also a 7-inch budget tablet, which the firm released for under £100 earlier this year. Asus has also recently extended its budget-friendly tablet range with the MeMO Pad HD 7, although this device is a little pricier at £149.

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