At a press event in New York City on Friday, Acer announced new mobile products running Google Android (s goog) and Microsoft(s msft) Windows 8. The company showed off the $169 Aspire A1, which runs Android and is meant for one-handed use. The new Aspire P3 is a convertible Windows 8 Ultrabook that works as a tablet or laptop due to a unique hinged dock with keyboard.

The new A1 is targeted to budget-conscious shoppers. Similar to the HP Slate 7 at the same price, the A1 cuts corners that keeps it from using premium components. Acer is keeping costs down with a 1.2 GHz quad-core chip from MediaTek and includes only 8 GB of internal storage capacity. Customers can expand storage through a micro SD card or spend $50 more for a 16 GB model. The 7.9-inch display uses the same 1024 x 768 resolution of Apple’s(s aapl)…