The above pic is of the first-generation Asus MEMO Pat Smart 10.

If this rumor turns out to be true, it looks like Asus is already working on their next-generation of the Asus MEMO Pas Smart 10. The specs for a device with the model number ME302KL, have been leaked and the source indicates it is the next iteration of the MEMO Pad Smart 10. The specs and are a bit strange for a next-gen device. Have a look,
  • 4G / LTE
  • Quad-core Qualcomm Snapdragon S4 running at 1.5GHz
  • 1GB of RAM and an Adreno 320 GPU
  • 10.1-inch Full HD Display
  • 13-megapixel main shooter and 1.2-megapixel secondary one
  • 16GB of internal storage
  • A microSD slot
  • 5050mAh battery

As you can see, other than the high quality camera and large battery, these specs are actually last year's top-of-the-line. Perhaps this tablet will launch with a budget price, but no details were given regarding pricing just yet.