Earlier this week the gadget blogs on the Web lit up with the news that Huawaei - the world’s second largest mobile equipment supplier (after Ericsson) - had introduced it’s very own entrant into the tablet wars: the MediaPad.

The announcement came Monday at CommunicAsia, and most outlets correctly reported that the new 7-inch, Android 3.2 Honeycomb tablet would come preloaded with Twitter and Facebook, but that’s not all. Yes, you’ll be able to tweet and connect with friends to your heart’s delight, but Layar will come preinstalled on the MediaPad as well. We are excited to partner with Huawei to place augmented reality in the hands of more people around the world.

The MediaPad is an exciting new device - the first of its kind, in fact. It’s the world’s first 7-inch tablet with Android 3.2 Honeycomb, and boasts a 1.2GHz Qualcomm processor for speedy performance. Engadget calls the MediaPad “downright luscious,” adding that “calling us ‘excited’ would be a severe understatement.”

“With the Huawei MediaPad, we are demonstrating yet again that design, functionality and performance is within anyone’s reach,” said Huawei’s Victor Xu in a press release. “The MediaPad opens up new worlds of entertainment for consumers by removing the barriers to tablet ownership, increasing access to a truly high-quality mobile entertainment experience fully integrated with cloud-based internet content.”

The Huawei MediaPad plans to ship in the United States, Layar and all, in the third quarter of this year. To get a closer look at the MediaPad, check out the promotional video below. You can also have a gander at this “sneak preview” video, which is a bit odd, but gives you a good idea of the size of the MediaPad.