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The Asus MeMO Pad ME301T is a 10 inch Android tablet which is positioned as a lower-cost alternative to the company’s Transformer Pad tablets. It has a quad-core NVIDIA Tegra 3 processor, 1GB of RAM, 16GB of storage, and a 10.1 inch, 1280 x 800 pixel display.

While the 10 inch MeMO Pad isn’t available for purchase in the US, it’s starting to show up in Germany, Italy, and other parts of Europe, where it sells for about €349 – or about €50 less than the cheapest Transformer Pad tablet.

According to Notebook Italia, some models may also sell for as little as €299 – although it’s not clear yet what the suggested retail price is… sometimes stores jump the gun a bit in setting their own pricing for new products like this.

The MeMO Pad ME301T comes in several colors including white, blue, and pink. All models have WiFi, Bluetooth, micro HDMI and micro USB ports, GPS and a 5MP rear and 1.2Mp front camera.