Acer is preparing a cheap 7-inch Tablet Iconia B1

Acer Iconia Tablet B1 is based on single chip Mediatek, a system which includes a dual-core processor (1.2 GHz) and PowerVR SGX graphics core 531. New 7-inch display has a resolution of 1024 x 600 pixels and is running Android OS 4.1.2 Jelly Bean.