After the great success of Asus Eee Pad Transformer Prime the company launched 7-inch Asus MeMo 370T a budget market tablet.

It features latest Ice Cream Sandwich Android OS and has Nvidia Tegra 3 processor giving tough competition to the hugely popular Amazon Kindle Fire. Asus MeMo has been designed by keeping portability and portability in mind with large 1200*800 resolution screen.

With lots of tablets already present inside the market, the company will reportedly be selling MeMO for just 249 in the US to undercut those. Theirs is no word for definite date for UK release but Asus have said it will be arriving in Q2 of 2012.