Remember that MIPS tablet, world’s most affordable tablet till the date? Running on Android 4.0/Ice Cream Sandwich operating system the Ainol Novo 7 Paladin tablet was hoped would be priced around $100, now looks like the price has increased a little more.

According to the listings on PandaWill and Merimobiles, the Ainol Novo 7 Paladin tablet can be yours for just $119.99 – inclusive of free shipping.

The MIPS Novo 7 tablet runs a 1 GHz JZ4770 XBurst MIPS processor and a Vivante GC860 graphics processor with support for 1080p HD video playback. It also has a 512MB of RAM, 8GB of storage, WiFi, and a microSD card slot for expansion. We’ve also got support for Flash if you’re after that. Meanwhile, the 7-inch screen has a capacitive touch panel (5-point multitouch) and a resolution of just 800 x 400 pixels.

If you’re looking for a basic, bare-bones Android tablet for your basic daily needs for a low price, you can consider picking one up.