Amazon Increases Device Prices Amid Memory Component Shortage
· Technology · Engadget, TechCrunch
Amazon has implemented price hikes of up to 60 percent across its Echo, Fire TV, Kindle, and eero product lineups. The company attributed the increases to significant rises in the cost of memory and storage components. Notable price adjustments include the Echo Dot rising from $50 to $80 and the 16GB Kindle increasing from $110 to $150. While Amazon Ring products remain unaffected, the company joins other tech firms like Apple and Roku in adjusting hardware pricing due to supply chain pressures.
Why it matters
Rising component costs are forcing major technology companies to pass expenses directly to consumers, impacting the affordability of popular smart devices.
Read the original report — Engadget
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