Amazon Slashes Prices on Smart Speakers, E-Readers Amid Memory Crisis

Amazon has increased prices on various devices across its hardware range by up to 60%. The affected devices include Echo smart speakers, Kindle e-readers, Fire TV Sticks, and eero routers. According to Amazon, the price hikes are due to 'significant increases in memory and storage component costs.' This move comes after warnings from supply chain experts that prices would rise before improving.

The most budget-friendly gadgets, such as the Echo Dot and basic Kindle, have been hit hardest by the price increases. The full list of affected devices includes:

Kindle (16GB) - was $109.99, now $149.99 (+$40)

Kindle Paperwhite (16GB) - was $159.99, now $199.99 (+$40)

eero 7 (3-pack) - was $349.99, now $399.99 (+$50)