Google Nexus 7 tablet announced, and the price $199.99

The Nexus 7 will be shipped with the latest version of Android, 4.1, codenamed Jelly Bean. Additionally, it will also ship with Chrome as its web browser.

The Nexus 7 features a 7-inch 1280×800 pixel display, a quad-core Nvidia Tegra 3 processor with a 12-core graphics chip, and support for Bluetooth, NFC, and Wi-Fi.