The Ainol Novo7 Paladin with Ice Cream Sandwich (rather than Honeycomb) has started to sell on two different online websites, Pandawill and Merimobiles, for $120 with free shipping in the USA.
The device is being seen as a precursor, since it is the first tablet to come with Android 4.0 ahead of more established players like Motorola and Samsung.
Surprisingly, the Novo7 comes with a 1GHz single core XBurst JZ4770 system on chip courtesy of Chinese founder Ingenic Semiconductor, a chip that is based on the MIPS architecture, and a Vivante GC860 GPU.
Other specs include 512MB RAM, 8GB internal storage, a mini USB port, Android 4.0 Ice cream Sandwich with Android Market, Wi-Fi, HDMI, a 7-inch 800x480 pixel capacitive touchscreen, two cameras, up to six hours battery life and a microSD card slot.
It is the same tablet that has gone on sale in the UK for £120 except that this one comes with ICS already.
The Ainol Novo7 has a bigger brother, the Novo8, which boasts a Cortex A9 system on chip clocked at 800MHz with 8-inch 1280x768 pixel capacitive touchscreen - almost the same as a bog standard tablet - and it even has a remote control.