HP is said to be getting deeper into the cheap tablet segment, so after the affordable HP Slate 7, they’re now preparing a $99 product. The newcomer doesn’t have a name yet, but we do know that the company will work with Wal-Mart to sell the device in the US retail channel and target back to school demand.


Sources from the upstream supply chain have been quoted and the $99 newcomer is expected to be manufactured by Chinese company BYD. This is the second tablet that HP is outsourcing to the Chinese company. The result will be a 7 inch model with the Intel Medfield single core CPU at the inside. In early 2013 Acer release the 7 inch Iconia B1, priced at $150, that was the cheapest offering on the market back then.

ASUS came up with the MeMo Pad HD 7 with a price tag as low as $129 and a MediaTek CPU. Now the next step for players on the US market is to go below the $100 mark, a feat we only thought possible in Asia. Last we saw HP selling a $99 it was in the dark days of the TouchPad tablet, part of a firesale for $99 a piece…