In a recent announcement which underscores that Hewlett-Packard (HP) is apparently steering clear of Microsoft's latest tablets-specific Windows OS version, the company has disclosed that it will be launching a $169-priced tablet - dubbed the HP Slate 7 - that will be powered by Google's Android OS.

The announced launch of Slate 7 will mark HP's foray into the highly-competitive tablet arena; thereby indicating that the company is on the verge of expansion in mobile devices and is attempting to reduce its dependence on the shrinking PC market.

Boasting a 7-inch form factor like the Amazon Kindle Fire and the Google Nexus 7, the HP Slate 7 will be a 13-ounce tablet powered by Android OS version 4.1 `Jelly Bean.'

According to the information shared by HP, the Slate 7 will have cameras on both sides of the screen; and will offer popular Google services such as Google Search, Gmail, and YouTube. In addition, the tablet will also offer Beats Audio for improved sound; as well as include access to apps and digital content through Google Play.

As per the HP announcement, the US sales of Slate 7 will likely commence in April; and will be available at a "compelling entry point" of $169, for customers who may be looking to purchase tablets.