Samsung’s Galaxy Tab takes on iPad as it launches this month – but it’s smaller while also being more expensive

Samsung isn’t waiting any longer to have its go at the tablet market.

The Galaxy Tab is Samsung’s contribution to the wide-open tablet market, boasting full web browsing, augmented reality, e-reader, GPS nav, HD movie playing, and video calling, all on an Android 2.2 OS.

But the screen is merely 7 inches (compared to the iPad’s 9.7), and its Euro price works out to more nearly $1,300 in Canada—well above the iPad’s most expensive model.

“We see huge potential for this kind of product,” YH Lee, head of marketing at Samsung Mobile, told Reuters recently. “The market opportunity is wide open,” said YH Lee.

“Samsung is betting big on the tablet category with this device,” said Ben Wood, research director at CCS Insight.

Toshiba and Huawei are both plotting their own tablets by the end of this year.