Lenovo plans on launching its LePad tablet worldwide in June 2011, but will first launch the device in China at the end of next month. The device was previously expected to start shipping by the end of 2010. The Chinese PC maker expects the device to be priced between $399 and $449, according to PC World.

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 (1280800 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.