Asus has officially announced an entry-level tablet at this year's Consumer Electronics Show in Las Vegas.

We exclusively reported on the existence of the 7-inch MeMO Pad tablet in November last year, when it was still internally referred to as the 'Me-172V'.

The new tablet runs Android 4.1, has a single-core 1GHz processor, Mali-400 graphics chip and 1GB of RAM, according to an Asus press release.

It also features a 1024x600 touchscreen, possessing a slightly lower resolution than the firm's Nexus 7 tablet.

The MeMO Pad is available in 8GB and 16GB models, although microSD cards can be used for storage expansion. 

The Asus MeMO Pad will be retailing for $150 in the United States, while Asus South Africa was aiming for a R2000 price point. 

We've contacted Asus South Africa for additional information surrounding the tablet's availability.