$200 quad-core Tegra 3 tablets coming this summer, according to NVIDIA CEO

According to NVIDIA’s CEO, we could see $200 tablets running the new quad-core Tegra 3 processor as early as this summer. In a recent interview with the New York Times, NVIDIA’s CEO, Jen-Hsun Huang had this to say about its Tegra 3 and $200 tablets:

“We took out $150 in build materials, things like expensive memory,” he said. “At $199, you can just about buy a tablet at a 7-Eleven.”

If $200 quad-core tablets ever become a reality, it’s going to be a game changer. We all know that Google isn’t happy about the number of tablets that are currently available. Amazon, on the hand, is doing great with eh $199 Kindle Fire tablet. The reason Amazon is doing so well with its Kindle Fire isn’t because of the great job they’ve done customizing Android, it’s because they have priced their tablet so low that it’s not a hard decision for consumers to make.

Let’s face it, times are hard right now, and people don’t want spend an arm and a leg on a tablet. Motorola, HTC, Samsung continue to produce great tablets, but in the end, they sit on store shelves because they are priced too high.

If Jen-Hsun Huang is correct, and powerful $200 tablets flood the market, you can expect more people to open their wallets!