Although the Kindle Fire has only been out for a few months, Amazon may release the Kindle Fire 2 in May.
Rumors are swirling that Amazon is currently working on a successor to the increasingly popular consumption tablet. It is also said that the company is reducing production costs for the tablet, working with both Quanta and Foxconn as manufacturing partners.
According to reports, Amazon made the vast majority of its Fire revenue from the sale of Amazon content (movies, music, etc) on the tablet rather than the device itself, which it may have initially sold at a loss. The company is rumored to be looking at lower-priced materials to secure a profit on the actual device sales.
Many believe Amazon rushed the release of the Kindle Fire in 2011 to beat the Barnes & Noble NOOK Tablet to the market. As such, the online retailer relied old BlackBerry PlayBook parts to speed up production.
There are currently few rumored specs concerning the Kindle Fire 2, and the report from the China Times cites a 10-inch model.