Nvidia Tegra 3 - 7-inch Google Nexus Tablet

We had little doubt that Google was set to unveil a new tablet at its Google I/O 2012 conference this week, but we can now brush any skepticism aside thanks to one Asustek Computer executive, who has confirmed that a Google tablet built by Asus will be unveiled "soon." And just as we had expected, the device will be competing with Amazon's $199 Kindle Fire tablet.

Reuters reports:

Google Inc will soon unveil a tablet co-branded with Taiwan's Asustek Computer Inc and priced to compete with Amazon's Kindle Fire device, an Asustek executive said on Wednesday.

"It's targeting Amazon," the unnamed executive told Reuters. "The Kindle is based on Google's platform but with its own service, so Google has to launch its own service, too."

Although the executive did not disclose any of the tablet's specifications, its price, or its launch date, we have a good idea of what we can expect, thanks to recent reports. The 7-inch device is expected to be called the "Nexus 7," and it will be the first device to ship with Android 4.1 Jelly Bean onboard — which will introduce a number of new features to Google's mobile operating system.

It is expected to start at $199 for 8GB of internal storage, increasing to $249 for 16GB of internal storage. The device will be powered by a 1.3GHz quad-core NVIDIA Tegra 3 processor, which will be teamed up with 1GB of RAM and a GeForce 12-core GPU. Although it will not sport a rear-facing camera, according to reports, it will feature a 1.2-megapixel front-facing camera.

If the Nexus 7 has anything even close to those specifications, it's suddenly going to make the Kindle Fire look like a very expensive device. I'd be worried about Google's announcement if I was Amazon, or any other 7-inch tablet manufacturer for that matter.

Are you looking forward to the Google Nexus 7?

[via Reuters]