Toshiba Thrive
Toshiba's new Thrive tablet will sell for $429 when it goes on sale in the US on July 10th

Toshiba has priced its new Android tablet, the Thrive, to undercut the iPad2 when it goes on sale in the US on July 10th.

It will sell for $429 (£262) which is cheaper than the base iPad2 at $499.

The Thrive is equipped with Android 3.1, wi-fi, a Tegra 2 dual-core processor and an IPS display.

Connectivity comes in the shape of an HDMI port, USB sockets and Toshiba's Resolution+ technology, which is also fitted to its TVs.

Buyers will be able to choose from a selection of dfferent coloured back covers to customise their tablet.

More after the break

US pricing is $429 for 8GB, $479 for 16GB and $579 for 32GB. UK prices have yet to be announced.

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