One of biggest challenges is making the high end computing experience more affordable and if you ask us, ASUS just did that. During the NVIDIA press conference, Jerry Shen, CEO of ASUSTeK Computer announced a new quinqe-core Tegra 3 tablet running Android 4.0 ICS for the lowly price of just $249.

NVIDIA's co-founder and CEO and Jerry shen, ASUS Co-founder and CEO are presenting the new $249 tablet, the Transformer 7.0

This amazingly low price will get you a 7.0" screen with relatively high resolution, 1GB of DDR2LP memory and yet unannounced amount of storage. Somehow, we expect to see 4GB as the nor or a maximum of 8GB plus the optional MicroSD storage.

Still, this is an exceptional value for a product that uses fixed-frame rate of 60 frames per second to ensure smoothest user interface known to the users of Android platform.