Samsung announced its WiFi-only Galaxy Tab will arrive in selected retail stores and websites in the US from April 10.

The 7" device will be sold for $349.99, $150 cheaper than Apple’s least expensive iPad 2.

"The 7-inch Galaxy Tab is the first truly mobile tablet on the market, allowing users to comfortably hold the device in one hand while typing or navigating the Web with the other," said Dale Sohn, president of Samsung Mobile in an April 6 statement announcing the tablet’s price.

The WiFI-only version of Samsung’s Galaxy Tab arrives in a market that is fast filling with competing Android tablets -- devices that are mostly still trying to prove their worth against Apple’s popular iPad 2.

While we are yet to see the start of cutthroat tablet price wars, carriers in the US are already reducing the price of Samsung’s 7" (3G-enabled) Galaxy Tab by up to $200; the tablet can now be purchased for $199.99 on a two-year contract.

Industry insiders are questioning if the price cuts signal that the 7” Galaxy Tab is reaching “the end of its life."

"Carriers need to make way for newer tablets like this summer's larger-screen Samsung Galaxy Tab 10.1 and Galaxy Tab 8.9, and the Sprint Evo View (the Sprint 4G variant of the HTC Flyer)," explains PCWorld’s Melissa J. Perenson.