Speaking with Bloomberg on the condition of anonymity, the sources have told Bloomberg that the new speaker is wider than the current generation Echo in order to fit in additional components needed to achieve better audio quality; these components include at least 4 tweeters.
Both devices are being developed by Amazon Lab126, a research and development arm based in Sunnyvale, California.
The Echo, which went on sale in 2015, will grab 63% of the USA market this year, according to EMarketer. Apple's HomePod hasn't sold as well as Cupertino had hoped, recently prompting the company to lower its price. Google commands 31% of the market. The project, codenamed Vesta, is focused on developing a "mobile Alexa" that can follow users around their homes.
Vesta is reported to be a bout waist-high, with wheels and an array of cameras that use computer vision to navigate the device. Bloomberg obtained this information from unnamed people who are familiar with Amazon's plans and the new Echo itself.
S&P, Dow extends record highs, as financials, health insurers gain
ENERGY: Benchmark crude oil rose 10 cents to $60.30 per barrel in electronic trading on the New York Mercantile Exchange. Companies have been lowering expectations for how much profit they made in the quarter.
As for the robot - which is being referred to as "Vesta" internally - sources claim that Amazon wanted to officially announce the smart home product before the end of 2019, but wasn't able to get it ready for mass production in time.
An Amazon representative declined to comment. People have been asking for an Echo with better sound quality for a long while, and Amazon might finally deliver on those needs. In September 2018, the company launched 15 new Alexa-enabled products, including a microwave.
According to reports, Amazon's robot is known internally as "Vesta", and was originally meant to be shown off this year, although it's supposedly not yet ready to be mass-produced. During a demo, an engineer is said to have summoned the robot with his voice.
Not to be outdone by Chromecast Audio, Amazon has its own audio dongle called Echo Input, including Bluetooth, a microphone and a 3.5mm jack.