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Next-gen ASUS Google Nexus 7 Tablet with Full HD Display and Android 5.0 Key Lime Pay Launching in May

After the huge market success called Nexus 7, it seems that Google and ASUS will co-develop a successor for the first 7-inch tablet member of the Nexus tribe.

According to sources within ASUS’ part supply chain, quoted by DigiTimes, the new ASUS tablet will be officially announced in May. Since Google I/O debuts on May 15th, the second-generation Nexus 7 will most likely be introduced at this event.

Rumor has it that the new tablet will boast a 7-inch display with full HD resolution, skinnier display bezel and a price from $199 to $299. We’re also expecting a WiFi + 3G model to hit the market, too, probably packing 32 GB of internal storage.

The same source also mentions that the combined sales of the first and second generation Nexus 7 will hit the 10 million unit threshold, adding that more than 6 million Nexus 7 units will have be sold by the end of January.

There are no details about the processor underpinning the next-gen Nexus 7, but there are a couple of interesting chipsets out there that might make it under the case of the new 7-inch tablet.

The most likely option is the quad-core Snapdragon S4 Pro chipset by Qualcomm with Adreno 320, a unit that is currently used by several phone and tablet makers, which is perfectly capable of underpinning the 1080p resolution of the next Nexus 7 tablet. It uses four Krait cores clocked at 1.5 GHz and it brings more processing power than the current Tegra 3 SoC installed on the 7-inch tablet.

Qualcomm also unveiled two new processors at CES 2013, the Snapdragon 800 and 600. The first one is out of the question, because Qualcomm announced that it will debut on the first terminals in the summer. The second one is a unit that, in terms of performance, it’s placed somewhere between Snapdragon S4 Pro and the new Snapdragon 800, thus it qualifies for Google’s ambitions for its new tablet.

Another viable option is the new Tegra 4 chipset from Nvidia which brings four Cortex A15 cores and a fifth one for common tasks, supposed to save up battery. It also comes with a GeForce ULP graphics processing unit with 72 cores and support for 4K video decoding.

Because the second-gen Nexus 7 is expected to arrive at Google I/O, an event where the search engine giant will unveil the new Android 5.0 Key Lime Pie, we are expecting to see the new Android iteration come pre-installed on the new affordable 7-inch slate.

Do you think we will see the new Nexus 7 tablet at Google I/O? Please let us know in the comments section below.