Amazon raises prices on hardware products like Kindles & Fire TV by as much as 60%
Amazon has increased prices on several hardware products, including Kindle, Fire TV, and Echo Dot, by up to 60%. The company cited ongoing memory component shortages as the primary reason for the price hikes. This move comes as Amazon invests heavily in artificial intelligence, which may be contributing to increased demand and costs for memory components.
- Entities
- Topic: Component Shortage
- Company: Amazon
- Platform: Fire TV
- Topic: Artificial Intelligence
- Platform: Echo Dot
- Platform: Ring
- Topic: Price Increase
- Game: Kindle
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