6a00e54f916452883401901d5beb5e970b-320wiWhile Asus just announced a small Android tablet that will sell for a little over $100, there are reports that we could see tablets sell for under the triple-digit point later this year.

Unveiled last week, the new Asus MeMo Pad HD 7 – obviously with a 7-inch screen – will sell for $129 in the U.S.

The specs aren’t record-setting, but they’re actually quite respectable.

The base version will have 8 GB of on-board storage space, a quad-core processor only a front-facing camera for video calling.

Expandable memory via a microSD slot, along with no rear-facing camera, means Asus can keep this thing cheap – yet the fast processor makes it cheerfully fast.

Besides – who uses their tablet to take photos? And cloud storage is the way to go, these days.

So this raises the question – what will it take before tablets sell for less than a hundred?

DigiTimes is reporting that 7-inch tablets may sell for less than $100 in the third quarter of this year.

Citing forecasts from manufacturers, they seem to think the smaller tablet market will grow as the price sinks.

Do you think we’ll see sub-$100 7-inch Android tablets? Could you live without a rear-facing camera?