According to Engadget, the device (officially known as the Toughpad 4K) will come with an Ultra High-Definition 20-inch IPS Alpha LCD display with 3,840 x 2,560 pixels and 230 pixels per inch.
Panasonic claims that the five-pound tablet is "business-rugged" and can withstand a drop from 12 inches high from 26 different angles. If dropped on its back, the tablet can withstand a fall from 30 inches high.
Related: iPad Air Is Cheaper, More Profitable Than iPad 3
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After all, the iPad Air -- one of the more advanced tablets available -- starts at $499. The iPad has less storage (16GB versus the Toughpad 4K's mammoth 256GB SSD), but consumers can purchase a 128GB iPad Air for less than $1,000.
This is not the first time that Panasonic has charged more than its competitors, however. When the company released 3DO -- its first and only video game console -- it retailed for $699 in the United States. At the time, consoles from Nintendo NTDOY and Sega could be purchased for $200 or less.
Panasonic also charged a premium for its high-definition TVs. The company chose to support the expensive plasma format long after most of its competitors had shifted to the cheaper and more efficient LCD format.
Louis Bedigian is the Senior Tech Analyst and Features Writer of Benzinga. You can reach him at louis(at)benzingapro(dot)com. Follow him @LouisBedigianBZ
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