ASUS announces $149 MeMO Pad

ASUS has announced a 7-inch budget Android tablet, dubbed the MeMO Pad. At first glance it looks, physically, a bit like the Nexus 7, but this guy's definitely lacking the hardware department by comparison. That's not necessarily a bad thing, though, as it's targeted at emerging markets, where price is more important than power. The MeMO Pad seems to fit that bill with a $149 listing for the lowest storage option.