It may seem strange that a Dutch company would launch 7 inch tablets in China, but that’s exactly what Philips is doing these days. China may be in love with the iPad but there’s still room for lower diagonal tablets with lower prices. Back to Philips, they’re launching 7 inch Android 4.0 ICS tablets here.

The new models will be powered by MIPS processors and not ARM or x86 chips, which is a pretty interesting choice. Rumors say that Google wants to get more MIPS support into future versions of Android. The 7 inch Philips tablets will be available with 1024 x 600 pixel resolutions or 800 x 480 pixel ones, that will behave nicely with MP4, H.264 and WMV video codecs, while providing half the battery life of an iPad. These models will give the customers 4 to 5 hours of line, at most.

No info about the prices here, but I’m pretty sure they won’t pass the $200 mark. Even $150 would seem a bit steep these days, considering what kind of tablets we saw coming out of China, with Android 4.0, 1GHz CPUs and reasonable specs. Will Philips take over the Chinese market with these products?