Google to Launch new Nexus 7 in July
Although not much details were given, Reuters claims that the new Nexus 7 will come with a higher resolution, a thinner bezel design and adopt Qualcomm's chip in place of Nvidia Corp's Tegra 3.
It is still unclear about the price although Reuters suggested that the new nexus would probably go for $199 and that Google might decide to lower the price of the current model to $150.
Google plans to ship 8 million units of the new Nexus 7 in the second half of this year. it is expected that the new Nexus 7 will be announced at Google I/O developer event in May.