Tablets have been the most sought after gadgets during the last 6 months and technically there has been a massive shift in focus for many companies as they put all their R&D towards development of these flat gigs.

For all cost-conscious consumers looking for a low-priced, reliable Android tablet, Asus have now released a tablet called MeMO Pad.

With a price tag of $149, this 7-inch MeMO Pad runs on Android 4.1 Jelly Bean OS. Technical specs include a display having a resolution of 1024×600 that can accommodate 10-point multi-touch, a single-core 1GHz VIA WM8950 CPU, 1GB of RAM, 8 or 16GB of storage, 802.11n Wi-Fi, a 1-MP front-facing webcam and a microSD card slot that can incorporate storage up to 32GB.

The tablet comes preloaded with a number of ASUS applications, including MyPainter for image capture, MyBitCast for memo taking and 5 GB of free cloud storage from ASUS WebStorage. Dimensions of this tablet is in the order of 7.72 x 4.69 x 0.44 inches and it weighs 13.1 ounces.

Available in colors of Sugar White, Titanium Gray and Cherry Pink, these tablets will have an attractive texture on the back. Users looking for a full-fledged Jelly Bean experience for under $150 may find this tablet the most apt gadget.

But the worthiness comes to the tip when a $50 more could buy them the quad-core, HD-screened Nexus 7 while $10 more can yield the dual-core Kindle Fire.