Mercury is a brand in India, a company that makes computer peripherals and now they got into tablets. The mTab Neo shown below isn’t their first attempt, as the company has other two slates in its portofolio: the mTab and mTab 2. The Mercury mTab Neo comes with a 1GHz dual core CPU and runs Android 2.3 Gingerbread. It costs $300.

Its features also include a 7 inch capacitive multitouch display, 4GB of internal storage, a microSD card slot and a 2 megapixel main camera. There’s also a 0.3MP front camera, USB port and HDMI port. As far as connectivity goes, you get 3G, Bluetooth 3.0 and WiFi 802.11 b/g, so you’re covered on all aspect. India has been producing a bunch of interesting devices lately, like that famous $35 tablet that everyone talked about, meant for students and educational institutions.

I wonder what they’ll come up with next and since they keep appearing on Tablet News so often, they might as well try to develop a new smartphone or console, to increase the popularity. However, with Nokia’s recent Asha series, I doubt they can compete in that area…