Aiming straight for the iPad mini, the Iconia A1 comes with a similar screen size and resolution. The new tablet has a 7.9-inch IPS display with 1,024 x 768 resolution and a $169 price tag.
http://www.notebookcheck.net/Acer-unveils-Iconia-A1-7-9-inch-IPS-tablet.91946.0.html