In an announcement which marks Acer's latest addition to the `budget' 7-inch Android tablet market, the company has recently unveiled its $169-priced Iconia A1 laptop. With the new Acer laptop having being launched in the so-described `Netbook-of-the-moment' category, it will apparently take on the likes of HP Slate 7, Lenovo IdeaTab A6000, and Amazon Kindle Fire.

The key features of the newly-launched Acer Iconia A1 laptop include 7.9-inch, 4:3 IPS screen; quad-core 1.2GHz processor; 1GB of RAM; a 5-megapixel rear-side camera; and a 0.3-megapixel front-facing camera.

In addition, the Iconia A1, which runs the Android OS 4.2 `Jelly Bean' version, also boasts built-in 3G option, along with b/g/n Wi-Fi, and Bluetooth 4.0. The laptop also features Micro-USB and HDMI ports; as well as GPS and Gyroscope.

The laptop will be available in two storage options - 8GB and 16GB; with an expandable microSD slot which is capable of supporting additional storage of up to 32GB. The entry-level 8GB model of the Acer Iconia A1 will be priced at $169; while the cost of the 16GB version will be $199.

According to the availability-related details shared by Acer, the 0.44-inch, 0.9-pound Iconia A1 - which has a solid-feeling and thick yet fairly attractive plastic design, with a white back - will likely hit the markets in June.