Amazon (AMZN) announces a new 7" Kindle Fire. It will sell for just $159 (ed: the hardware...

|By:, SA News Editor

Amazon (AMZN) announces a new 7" Kindle Fire. It will sell for just $159 (ed: the hardware losses continue), undercutting Google's Nexus 7 and almost certainly the iPad Mini. The new 7" Fire will feature more horsepower and better battery life than the original. Also announced is the Kindle Fire HD, an 8.9" device featuring a 1920x1200 display and Dolby (DLB) audio support; no pricing details yet. Amazon is sticking with TXN as its processor supplier, some were speculating NVDA would be tapped. (live blog) (more)