Today Ematic has just revealed their newest entry into the Android tablet game. The name might be new to some, but they’ve recently been producing tons of budget tablets and today’s is no different. Just as the name suggests their new tablet is basically a “steal.” Being a 7-inch Android 4.0 Ice Cream Sandwich tablet, with a capacitive touchscreen all for only $119. More details after the break.

Obviously this won’t have Samsung, ASUS, or Apple like build quality, but for $119 can you really complain? Ematic has some decent 10-inch tablets available too (linked to below) all for pretty great prices but this latest offering takes the cake. The Ematic Steal comes with a 7-inch Capacitive touchscreen although they don’t (uh oh) mention the resolution. It has a 1 GHz processor, 1GB of RAM which should be enough for most games, then 4GB of internal storage. You get a micro-SD slot too for as much storage as you’d like to add.

Overall the specs sound decent, as does its looks. As long as the build quality is decent and the unknown processor can handle the occasional games, web browsing, and e-reading this $119 tablet could be quite the steal. The tablet is apparently available starting today from retailers such as Walmart, JR.com and others so check it out if interested.