Amazon plans to sell $50 tablet: Report

Amazon developing discounted tablets

Online retailer plans to release a $50 tablet in time for the holiday season, the Wall Street Journal reported, citing people familiar with the matter.

The 6-inch screen tablet comes with a mono speaker and is priced much lower than Amazon's Fire tablet, the cheapest variant of which is sold at $99.

The company was not immediately available for comment.

Apple ups hiring, but faces obstacles to making phones smarter
The Microsoft logo is seen at the Microsoft store in New York City.
Microsoft poised to buy Israeli cybersecurity firm

Amazon also plans to release 8-inch and 10-inch screen tablets, the report said.

While other Amazon Fire tablets show advertisements as screen savers, it was not clear if the new 6-inch tablet's cost included ads, according to the report.