Today, iFive launched a new 7-inch tablet, called iFive 100. This tablet comes in a lot of colorful cases and costs only $50. At this price we consider that this device it’s quite a steal.

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A few weeks ago we found some info about the specs of iFive 100, but we thought that the price of this slate will be close to $164, because of the hardware, but we were wrong, the tablet has a price tag of only $50. This tablet packs a 7-inch 1024 x 600 display, a Rockchips RK3026 dual-core processor, 512MB RAM, front facing camera and a microSD card slot.

We also have WIFI and Android 4.2 OS as default. We would like to see in the near future a updated model with 1 GB of RAM, any maybe 3G connectivity. At this price, the iFive 100 it’s a cheap tabet perfect for everybody and easy tot take anywhere.