Today Google unveiled a highly rumored Nexus 7 Tablet. Setting its sights on the competitor Kindle Fire Tablet, the 7-inch device weighs in at a reasonable 12 ounces and is slated at a base price point of $199 USD. Built with scratch-resistant Corning glass, the Nexus 7 has a 1280×800 IPS display and links up via GPS, Bluetooth, 802.11b/g/n WiFi and Micro-USB. Furthermore, the Google Nexus 7 will run on Android 4.1 (Jelly Bean). Those in the market can expect orders to begin shipping mid-July 2012.