According to PhoneArena, Acer is preparing a 7 inch tablet powered by the all new Android 4.2 Jelly Bean and priced at $99.
The Acer Iconia B1 looks to have a Mediatek dual-core 1.2GHz processor, PowerVR SGX 531 GPU, 512MB of RAM, 8GB of storage, Bluetooth 4.0, GPS, microSD card and SIM card slot.
You hear that Apple, Acer can fit in a MicroSD card slot so why cant you? Or for that matter HTC and LG.
Also on the works in Google who is partnering with ASUS to build a Nexus tablet worth $99.
The Iconia B1 has already cleared the FCC and will likely make an appearance at the Consumer Electronics Show in January 2013.