Just a month after Asus officially launched its Transformer Prime, the computer titan has now rolled out an upgraded version of the tablet at the Consumer Electronics Show 2012 (CES) on Monday, according to reports.

Hot on the heels of its predecessor, Transformer Prime TF201T, is the Asus Eee Pad Transformer Prime TF700T which sports an upgraded 1,920x1,200-pixel resolution Super IPS+ display, while maintaining a 10.1-inch screen. The existing model, in comparison, delivers images on a 1,280x800 pixel screen.

According to CNET, a few key improvements are seen.  For one, the TF700T includes a 2 megapixel front-facing camera, an upgrade from the 1.2 megapixel that the earlier Prime featured, thus allowing for HD video chat conferencing this time.

The tablet, like the original, is powered by quad-core Nvidia Tegra 3 processor that's clocked to 1.3-GHz. The TF700T also sports a new back-panel design that should allow for better GPS, Wi-Fi and Bluetooth performance. Prime owners have reported some serious issues with the GPS recently.

Everything else remains the same, including the 8-megapixel rear camera, the same keyboard dock accessory, as well as dimensions and weight.

As per the report, Asus said the Prime TF700T will be shipped in the second quarter of this year, with Android 4.0 Ice Cream Sandwich in tow. Those waiting for the new version may feel the pinch as the TF700T will retail at $600 for the 32GB, and $700 for the 64GB variant.

Both the Prime TF201T and Prime TF700T will be available in the market, with the latter being the higher-end option.