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Amazon to release a $50 tablet this holiday, according to report

Amazon’s hardware division may be down, but it’s not out -- at least according to the Wall Street Journal, which reported Tuesday the e-commerce giant is set to release a $50 tablet with a 6-inch screen in time for the holidays.

If true, this would make it one of the least expensive tablets on the market, and half the price of Amazon’s Fire HD 6-inch tablet.

An Amazon spokesperson said the company does not comment on rumor and speculation.

News of the tablet comes shortly after the company reportedly laid off dozens of engineers who worked on its Fire phone from Lab126, Amazon’s secretive hardware development center in Silicon Valley.