At a press event today in New York City Acer has officially taken the wraps off its new 7.9-inch Iconia A1 tablet. While the display specs put the device somewhere slightly under the Nexus 7 and iPad mini, Acer has managed to offer a quad-core tablet well under the $199+ price point that most competitive tablets currently sell for.

Acer today unveiled the Acer Iconia A1, the company’s first full-featured 7.9-inch tablet targeted at modern day explorers, adventurers, digital freaks and mobile executives requiring an all-day mobile companion. Thanks to a sleek and light-weight design that is comfortable to hold in one hand, it also easily fits into a purse or bag. The new Acer Iconia A1 keeps people entertained and connected with smooth and speedy navigation, browsing and media playback powered by a fast quad-core processor.

The Iconia A1 runs the latest Android 4.2 Jelly Bean, packs in a 1.2GHz quad-core CPU, roughly 7-hour battery life, and an LED-backlit IPS display with 1024×768 resolution and aspect ration of 4:3. Other specs include Bluetooth, built-in 3G, GPS, microSD, and a 5MP rear camera.

The device will be hitting retail in June starting at $169 for an 8GB variant and $199 for the 16GB model.  

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