I found this while walking around the Glorietta tech circuit the other day. This particular line of Samsung is one of the weirdest out there as it continues to raise the number, but offer lower specd and much more affordable products.
At 7 inches it competes with the Nexus, Fonepad, MemoPad, iPad Mini, Tab2 space which might soon get some more members among them. The complete spec rundown can be found here. I didnt ask for the price but if this item is over ten grand then it might have a hard time selling itself with the numerous available choices as it is not top of the line and offers a very basic 8GB WiFi model.
Find it in TCA at Glorietta 2 should your interest be picqued.