Both new Nexus 7 models are said to use Twisted Nematic (TN) display panels manufactured by HannStar Display of Taiwan. That is the same company that we've heard recently appear on Apple's list of vendors.
The new Nexus tablets will allegedly be made jointly by Asus and Google, and while Asus has denied those initial reports, we really hope that there is a grain of truth in that. Why, you might wonder, though? The most obvious reason is the expected launch of the iPad mini, a rumored 7.85-inch more affordable tablet by Apple. The $99 Nexus might be an attempt to compete at even lower price points.
We've definitely seen Chinese makers be able to manufacture sub-$100 tablets some of which with decent (not stellar) performance. With falling chip prices, and by cutting some corners, it does seem possible. What do you think?