ASUS Memo 370T, the world's first 7-inch tablet powered by the Nvidia Tegra 3 quad-core mobile processor, was unveiled at the Consumer Electronic Show-2012.

It has already won the vote of CNET, a popular tech media Web site, for the best tablet at the CES 2012.

According to CNET, ASUS Memo 370T beat many other tablets on display at the world's largest consumer electronics show to win the Best Tablet of CES 2012 Award with its premium performance for low cost at $250, roughly half the price of the cheapest iPad model.

It runs on Android 4.0 Ice Cream Sandwich, which is the latest version of Android platform for tablets and phones. It has 16 GB of storage, 1 GB of RAM and an 8 megapixel rear-facing camera, but no front-facing camera.

The display will have a resolution of 1280-by-800 and uses a technology called in-plane switching to serve up wide viewing angles. It will have a microUSB port, a microSD card reader and micro HDMI-out.

Nvidia Tegra 3 quad-core mobile processor brings a number of significant advancements over the dual-core Tegra 2. Technically, Tegra 3 has five cores, and it's the fifth core, the companion core, that really makes the difference. The four 1.3GHz cores will function during high-intensity tasks such as gaming and HD video streaming, launching apps and loading Web pages.

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