Google is said to ready a new Nexus tablet for summer

04/3/2013 | Reuters

Google will introduce the sequel to its Nexus 7 tablet this summer, sources say, and the company may drop the price to drive mobile advertising sales. "This is the 'zero margin strategy.' Ninety-seven percent of Google's revenue comes from advertisement, so it needs to sell more mobile devices in order to reach more consumers," said Fubon Securities analyst Arthur Liao. The new Nexus reportedly will have a Qualcomm "Snapdragon" processor and an improved display.

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