Though Android fans were disappointed that no new hardware announcements were made at Google I/O, rumors of an impending update to the Nexus 7 tablet.

Today Digitimes, the Tiawanese publication that closely follows Chines tech manufacturing, all but confirmed the new Nexus 7‘s existence and leaked a few of its specs. The rumored mini-tablet is reported to have the same 7-inch screen as the previous version, but an HD 1980 x 1200 display. Rumors of the switch from an Nvidia Tegra processor to a Qualcomm Snapdragon processor seem to be true, with Digitimes’ unnamed “industry sources” reporting the new device will get a Snapdragon 600 processor. A 5-megapixel rear camera with an accompanying 1.2 megapixel front camera is also rumored. The new tablet’s launch is reportedly only weeks away, at the end of July or the beginning of August.

It seems that the success of the Nexus 7 is also making Google confident about this year’s new version, even with increased competition on the market. Manufacturers are reportedly estimating that as many as eight million new Nexus 7 tablets could be sold this year. However, they are also warning that the reported $199 to $249 price of the Wi-Fi model of the tablet could hamper sales, as other tablets will be priced lower.

(via DigiTimes)