Acer doesn't want to be left behind in the budget Android tablet market. Acer's president reportedly told China Times that they are planning on releasing 8-inch and 10-inch tablets later. These budget-friendly tablets will feature quad-core processors, specifically the MediaTek MT6589, which is based off of ARM's CortexA7 architecture.

Speculation puts the price of the 8-inch tablet at around $200, with the 10-inch tablet probably running about $50 more. While that would be significantly cheaper than Google's Nexus 10, Acer's tablet probably won't offer the performance of the Nexus 10 and likely won't have a high-resolution screen for that price.

Acer already has the Iconia B1 Android tablet that retails for under $150. President Linxian Lang feels that the market will see about 200 million budget tablets sold this year alone. He thinks that Apple and Samsung will capture about 80 million of those sales, leaving 120 million on the table for Acer and others.