Google’s going to announce a 7-inch, Nexus-branded tablet called the Nexus 7. According to the leak, it’s built by Asus, with a 1.3Ghz quad-core Tegra 3 processor, GeForce 12-core GPU and 1GB of RAM with two different storage variants: 8GB and 16GB.

The Nexus tablet will also feature NFC and run Google Wallet (probably only in the US) and Android Beam.

The screen is an IPS display with a 178-degree viewing angle, running a resolution of 1280×800. The device will also sport a 1.2-megapixel front-facing camera. The battery will also give you nine hours worth of operation.

The 8GB model will set you back $US199 and the 16GB will cost $US249. .