Although some people are saying that the Mobile Internet Device (MID) market is getting cannibalized by the release of sub-notebooks like the Asus Eee PC, there is still a demand for handheld web surfers with displays larger than a smartphone. HTC is already highly respected for its PocketPC phones, so it wouldn’t be a quantum leap for the company to produce a Mobile Internet Device like the Nokia N810 Tablet.

As it turns out, HTC could very well be working on an Intel-powered MID for later this year. In a sense, the unnamed handheld could just be a slightly larger version of the HTC Touch or even a modified rendition of the HTC Advantage. The idea is that the MID would boast a stronger, faster processor, granting users an experience closer to what they’d get on a real computer.

It’s hard to say exactly when HTC would unleash its first Mobile Internet Device onto the market, but early estimates say that the pricing will fall in the $600 to $800 range.