Archos officially announced on thursday their upcoming Android tablet, the Archos 7 HT. Running a custom version of Android 1.6 on a 7-inch display, the new device is slated for launch this May 17 at a low $200 price point.

This tablet wasn’t built to replace a standard laptop computer, this is why Archos is betting on selling it at a price level that many mp3 and mp4 portable media players are priced at.

Apart from its 16:9 widescreen 7-inch display, the tablet will be loaded with 8GB of flash storage that will have a battery able to last users for about 7 hours when playing back video and 44 hours for music. Additional features include 802.11 b/g/n Wi-Fi, Bluetooth, microSDHC support, email, photos, eBuddy instant messenger, Aldiko ebook reader, and DailyPaper newspaper reader.

It will lack full Android Market accessibility, Archos is bundling their own AppsLib store for downloading additional apps.

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