Google has unveiled its new Nexus 7 tablet at Google I/O 2012. The Nexus 7 will be the first gadget to run the latest version of Android 4.1 (Jelly Bean) operating system. The newest version of Android 4.1 is expected to offer faster transition between homescreen and applications and making the device more responsive. It is optimised to offer Android's best performance and lowest touch latency. It is claimed as the fastest and smoothest version of Android yet. Google says that the device has been "built for Google Play" that allows users to consume the apps, games, books and movies available in Google online store, according to earlier reports at IBTimes UK. The Nexus 7 tablet is expected to be available in mid-July.

"The screen looks great, feels responsive, and the tablet already does a good job of demonstrating its power in games and movie performance," explains CNET. The tablet is priced at $199 (£127.6) for the 8GB model and $249 (£159.7) for 16GB model. Users can avail of $25 credit to spend in the Google Play store with the purchase of device. "It's a sweet device, there's no doubt about that, but it's more aimed at Amazon than at Apple," said Ezra Gottheil, an analyst with Technology Business Research, according to Computer World.

The Asus Transformer Pad Infinity (TF700) was unveiled at the Consumer Electronics Show (CES) 2012 back in January. It is the second Asus tablet that comes preinstalled with Android 4.0.3 Ice Cream Sandwich OS. The device touts an incredibly sharp high-resolution display and faster processor. "The Asus Transformer Pad Infinity TF700 is one of the fastest Android tablets out there, combining an already proven design with a better camera, a faster processor, and a beautiful screen, explains CNET. With its high-resolution screen, the device is expected to have an edge over its competitors in the tablet market. The company has not revealed the exact date, but the tablet is expected to be release sometime in August in the UK, according to earlier reports at IBTimes UK.

Check out how both tablets stack up against each other:

Display

The Nexus 7 tablet comes with a 7in LED-back-lit IPS LCD capacitive touchscreen with a resolution of 1,280 x 800 pixels at 216 pixels per inch (ppi).The 7in display includes Scratch-resistant Corning glass that defends from damages.

The Transformer Pad Infinity features a whopping 10.1in Super IPS + LCD capacitive touchscreen with a resolution of 1,920 x 1200 pixels at 224 ppi. It incorporates Corning Gorilla glass 2 which is 20 percent thinner and offers better touch responsiveness.

Dimension

The Nexus 7 tablet comes with dimensions of 198.5 x 120 x 10.5mm and weighs 340g. Its IPS screen appears to have a wider viewing angle when compared to other 10in Android tablets as well as Kindle Fire, according to CNET.

The Transformer Pad Infinity has dimensions of 263 x 180.8 x 8.5mm and weighs 598g. The viewing angles appear to be wide which is suitable to watch movies by placing the device with its face-up on the table.

Processor

The Nexus 7 tablet is powered by the Nvidia Tegra 3 chipset with a 1.3GHz quad-core processor. It packs 12-core GPU.

The Transformer Pad Infinity is powered by the Nvidia Tegra 3 (T33) chipset with the quad-core 1.6GHz processor. The Tegra 3 chipset reportedly has a single channel memory interface and the users can possibly experience smooth scrolling. Both tablets house 1GB of RAM.

Storage

The Nexus 7 tablet comes with internal storage options of 8/16GB, while the Transformer Pad Infinity comes with 32/64GB of storage options. The Transformer Pad Infinity has a microSD card slot with an additional memory space of 32GB.

Camera

The Nexus tablet has a front-facing camera of 1.2 megapixel, while the Asus tablet features a 2 megapixel front-facing camera for video conferencing. The Transformer Pad Infinity boasts an eight megapixel rear-facing camera with auto-focus and LED flash, while the rear-facing camera lacks in the Nexus tablet.

Connectivity

The Nexus 7 features Wi-Fi 802.11 b/g/n, Bluetooth and NFC (Android Beam), while the Transformer Pad Infinity features 802.11 b/g/n and Bluetooth 3.0.

Battery

The Nexus 7 packs 4325mAh Li-Ion battery and is expected to offer up to eight hours of active use.

The Transformer Pad Infinity comes with 25Wh battery and the device can last up to 9.5 hours on a single charge and if the user requires more the device can be fitted into the keyboard dock to obtain another five hours of battery life.