Could Chinese Iped beat the Apple's Ipad

Iped is much identical to the original Ipad of Apple. It only cost $105, compared to around $500 price of an original Ipad. According to Stan Schroeder of Mashable.com, its based on an Intel chip and has 128MB of RAM and 16GB of storage space.


Given the fact that Apple's Ipad is not available in China there is a great chance for the product to penetrate the market. What do you think here in the Philippines, do you think it will?

Though some feedback I read says the video is not as fast as the original Ipad even if its intel driven. Also the 128mb of RAM is barely enough to power a calculator as mentioned at techi.com.