Motorola’s XOOM is currently the flagship tablet device of the electronics giant. It’s had some success in both the business and consumer worlds to date. However, many have wondered what the future holds for Motorola’s Android tablet. Will we see a successor? Well, Motorola has now answered that question.

In a press release sent out this morning from Motorola, they announced the next generation of XOOM tablets. The XOOM 2 and XOOM 2 Media Edition are set to launch later this month in Europe. Motorola is giving users a chance to customize their mobile experience by offering two different models of their latest-generation Android tablet and it sure is looking good.

Both XOOM models will feature the same specifications; however, the difference lies with the displays – protected by Corning Gorilla Glass. Each model boasts a strong 1.2Ghz, dual-core processor, Android Honeycomb 3.2 at launch, 5 Megapixel rear-facing camera, 1GB of RAM and a 16GB built-in storage (most likely with multiple models; 32GB+).

Motorola's Xoom 2: Thinner, lighter, faster.

Like we’ve already mentioned, the difference lies in the displays. The XOOM 2 will feature your standard 10.1 inch (1280×800) screen, whereas the XOOM 2 Media Edition will feature a slightly smaller, 8.2 inch (1280×800) display, making it perfect to take your media with you anywhere. Another difference in the two devices is the wide, 178° viewing angle boasted by the XOOM 2 Media Edition.

Both models are lighter and thinner than their predecessor, with the Media Edition being even lighter thanks to its smaller size. The only question left now is how much these devices will cost. Hopefully, consumers will be able to see a price tag that will be in the same ballpark as competitors. And with the recent $199 price tag of the Kindle Fire, it’s even more important that Motorola not price themselves out of the market.

Motorola's XOOM 2 Media Edition features a smaller screen for a more portable device, and the resolution doesn't suffer.

If the price is right and we see an update to Android Ice Cream Sandwich shortly before or after launch, then Motorola might be able to make a dent in Apple and Samsung’s market share.

Make sure to check back this Friday to see our highlights of this week in the world of tablet devices. It’s the Tabletorials Friday Roundup!