Tablet wars intensify as prices tumble

Tablet prices are plunging amid a flood of new devices and cutthroat competition for market share.

Amazon has slashed prices of its Kindle HD tablets to as low as US$169 (HK$1,311) in the US and 139 pounds (HK$1,606) in Britain, while Barnes & Noble has cut the price of its Nook to as low as US$129, and has announced plans to outsource production of its tablets.

“Since Hewlett-Packard launched its tablet, there has been a lot of pressure on prices,” said Rob Enderle, analyst with Enderle Group.

via Business feed http://www.scmp.com/business/companies/article/1280176/tablet-wars-intensify-prices-tumble