The LePad is Lenovo's first tablet computer and was unveiled last month at CES 2011. Lenovo is the world's fourth largest PC maker, and dominates the Chinese market. The company recently said that it expects tablets to account for 10 to 15 percent of the PC market this year.
The device has a 10.1-inch screen (1280×800 resolution), powered by a 1.2GHz Qualcomm Snapdragon processor running Android 2.2 (codenamed Froyo). We're hoping that last one will get bumped to Android 3.0 (codenamed Honeycomb) before release. If Lenovo really does manage to break the symbolic $500 mark, the company could see huge sales as no other major OEM has offered a tablet at that price point.