MIPS is a processor licensing company that battles ARM, which dominates the tablet and smartphone market. But MIPS late last year sprang a surprise by announcing a US$99 tablet, in conjunction with a manufacturer called Ainol, based on its processor and running Android 4.0. The tablet was among the cheapest and among the first at that time with Android 4.0, but this year Google took the honors of releasing the first Android 4.1 device with Nexus 7, which runs on a quad-core ARM processor.