Samsung is reported to be developing a 7-inch Android tablet that will undercut the price of the Nexus 7 and Kindle Fire HD. That is, of course, provided you believe Digitimes articles. With a track record that proves to be right roughly half of the time, we’re not exactly holding our breath.

In addition to the 7-inch model with a US$149-199 price range, Samsung is also considering an 8-inch device with a price range between US$249-299 to fill the gap between its 7-inch tablet and entry-level iPad mini, which is priced at around US$329.

Surely I am not the only one who would like to see Samsung and some of the bigger names offer a more affordable 7-inch tablet. We’ve seen that consumers don’t need top of the line hardware to occupy their time or add some extra productivity to their lives. Even a modest bump over last year’s model would be enough to satisfy the needs of many.

Digitimes