Amazon could be launching a $50 Fire tablet later this year

It has been a rather low-key year for Amazon's hardware division so far with no major launches since last year's Amazon Echo and Kindle revision . However, a new report has surfaced that indicates the company is planning to release a budget tablet this holiday season that could retail for $50.

A report from the Wall Street Journal has now revealed that Amazon is planning to launch a 6-inch tablet priced at $50 before the holiday season. The cheapest Fire tablet available currently retails at $99.99 and features a 6-inch screen as well. It comes with 8 GB of storage and Wi-Fi connectivity, which raises questions about the upcoming device's specifications.

In addition to the inexpensive offering, Amazon is also expected to launch an 8-inch and a 10-inch tablet which could probably be priced similarly to the older Fire tablets. Due to the massive failure of the Fire Phone, there is a very low possibility of the company making another attempt in the smartphone market, which could mean that the upcoming tablets would be the only devices coming from Amazon this year.

Source: Wall Street Journal (paid) via Engadget | Image via Amazon

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