Best Buy launching Insignia Flex tablet next month, reportedly priced between $239 to $259

Microsoft’s Surface may be getting all the attention this week, but that isn’t stopping other companies from getting into the tablet game: Best Buy is planning to release one next month under its in-house Insignia brand. According to a post on Insignia’s Facebook page, the tablet will go by the name Insignia Flex, and will feature a 9.7-inch screen, a dual-core 1GHz processor, and 10 hours of battery life. It’s not clear yet if the tablet will be Wi-Fi only, but those hoping for Jelly Bean will be in for a disappointment; the Flex will be running Android 4.0 Ice Cream Sandwich at launch.

While official pricing hasn’t yet been made available, Reuters reports today that Best Buy will be selling the tablet for between $239 to $259. That pricing would put the device in an interesting position — cheaper than both the $399 iPad 2 and the 8.9-inch Kindle Fire HD, which retails for $299. Of course, it’s not clear how the tablet will actually stack up against those two offerings — to say nothing of the iPad variant Apple has in store for October 23rd. In any case, we’ll know more when the Insignia Flex hits retail shelves on November 11th.