Tablet prices just seem to keep dropping.
Acer is the latest company to lower the bar on pricing. The company is planning to sell a $99 Android tablet, the Iconia B1, according to The Wall Street Journal. The company plans to target consumers in emerging markets, though the report notes that Acer will get clearance from the Federal Communications Commission for use in the states.
The report, which cites unnamed sources, said the Iconia B1 will come with a 1.2 gigahertz processor and pack a 7-inch display with 1,024x600-pixel resolution -- which matches the specs from the older Amazon Kindle Fire and Barnes & Noble's Nook Color.
Acer was one of several companies attempting to breach the higher end of the tablet market, but products such as the Google Nexus 7 from Asus, and the Nexus 10 from Samsung Electronics, have shifted the way Acer is starting to think about tablet pricing.
The $99 tablet is likely more crucial to offer in countries such as China, where there's competition from no-name branded tablets or tablets carrying carrier brands that are similarly priced.
CNET contacted Acer for comment, and we'll update the story when we get a response.