It's a tablet kind of week it would seem. First, we had Microsoft's announcement of ARM- and Intel-based tablets at yesterday's mystery event, and now sources are reporting that Google's tablet will be announced next week. I've put this as a rumor because the sources reporting this sometimes get it wrong.

The tablet is expected to launch at Google I/O and will be a bargin tablet, unlike Microsoft's release yesterday. The tablet is expected to come with a $199 price tag and be based on lower-end components. Quoting "sources from upstream component makers," DigiTimes is saying that the budget tablet won;t have cellular or a rear camera.

It will, however, feature a front-facing camera that will be used for video conferencing. It's expected by DigiTimes that the device will be ready to ship in July as it is already in production. The tablet is produced in partnership with ASUS. It may not be able to do what Microsoft's tablet can do, but it certainly would help to have a $199 ICS tablet. I would even probably pick one up.