Asus is reportedly working with Intel to launch first budget Android tablet running on Intel processor. If rumors are to be believed it will be named as ME371MG, and will be perhaps the first Android tablet based on Intel chipset. Few rumors also suggest that Asus may name this device as FonePad, although there is no official confirmation so far.

Short Glimpse of Asus ME371MG

Short Glimpse of Asus ME371MG

A Bulgarian website has exclusively revealed the specs and features of this alleged Intel powered Android ME371MG tablet. As per the website, it will come with 7-inch IPS display with 1280x800p resolution, Android 4.1 Jelly Bean, 1GB RAM, 3MP rear camera, 1.2MP front camera, microSD card slot and 4270 mAh battery on-board. It will feature 1.2GHz Intel Atom Z2420 processor. This is the same kind of processor which is found in Lava XOLO X500 smartphone recently launched in India.

Also see: Intel likely to showcase new dual-core Atom-powered Android smartphones at MWC 2013

The tablet will come with voice calling ability and will be packed in aluminium case just like Apple’s iPad. Asus may also announce this tablet at forthcoming Mobile World Congress exhibition at the end of this month. The Asus ME371MG will hit the stores in second quarter this year. There is no clue regarding its price, but we expect it would be around USD $250, higher than Asus Memo Pad.