Best Buy must have taken an envious look towards Amazon’s direction, where Amazon did pretty well for themselves with the Kindle range of tablets. Having said that, Best Buy decided to jump into the tablet market with their Android-powered Insignia Flex, with a price point that ranges from $239 to $259. This is a rather narrow band actually, and it remains to be seen whether the Insignia Flex is able to make a name for itself against the iPad as well as the Kindle family.

Basically, the main rivals of the Insignia Flex would be Amazon’s Kindle Fire HD tablet, the Nexus 7 from Google as well as other Android-powered tablets in the market, especially those from Samsung, and perhaps even the new iPad mini that is tipped to be announced later next week. It is reported by Reuters that the Insignia Flex will arrive in stores this coming November 11th, and will obviously be a Best Buy exclusive. What kind of hardware can we expect at a sub-$300 price point? We’re looking at a dual-core 1GHz processor, a 9.7” display, and a 10-hour battery life, all crammed into a body that tips the scales at 1.45 pounds.

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