Amazon hikes prices on Echo speakers, Kindles, Fire TV sticks, and more
From phones to gaming handhelds , multiple industries continue to be impacted by the RAM crisis. In some cases, the situation has led companies to cancel products, and in others, weโve seen price hikโฆ
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From phones to gaming handhelds , multiple industries continue to be impacted by the RAM crisis. In some cases, the situation has led companies to cancel products, and in others, weโve seen price hikes. The latest entry in this ongoing saga involves Amazon and most of its hardware portfolio.
As reported by Fortune , Amazon has raised the prices for several of its first-party devices. The products affected by the price hike include Echo smart speakers, Kindle ereaders, Fire TV sticks, and eero wireless mesh routers. It appears that Ring products were spared from the recent increases.
A spokesperson for the company confirms that the price increases are a direct result of the RAM crisis. The consumer electronics industry is โfacing significant increases in memory and storage component costs,โ Amazonโs spokesperson told the outlet. โAfter absorbing these increases for as long as we could, we recently adjusted pricing across our product lines.โ The spokesperson added that Amazon plans to offer promotions across its lineup throughout the year.
This isnโt the only bad news weโve recently received regarding Amazon devices. Last week, Kindle devices received two updates that increased enforcement of DRM and ended a popular book-borrowing loophole.
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