{"id":31952,"date":"2014-09-24T08:55:29","date_gmt":"2014-09-24T12:55:29","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=31952"},"modified":"2014-09-24T08:55:29","modified_gmt":"2014-09-24T12:55:29","slug":"amazon-com-inc-nasdaqamzn-to-expand-workforce-in-lab126-testing-smart-home-devices","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/amazon-com-inc-nasdaqamzn-to-expand-workforce-in-lab126-testing-smart-home-devices-31952","title":{"rendered":"Amazon.com, Inc. (NASDAQ:AMZN) To Expand Workforce In Lab126 Testing Smart Home Devices"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 09\/24\/2014 (wallstreetpr) \u2013 <strong>Amazon.com, Inc. (NASDAQ:AMZN)<\/strong> seeks to expand its secretive hardware unit to conduct tests on smart home devices.<\/p>\n<p style=\"text-align: justify;\"><strong>Expansion Plans<\/strong><\/p>\n<p style=\"text-align: justify;\">According to a Reuters\u2019 <a href=\"http:\/\/www.reuters.com\/article\/2014\/09\/24\/us-amazon-hardware-strategy-exclusive-idUSKCN0HJ10520140924\" target=\"_blank\">article<\/a>, the company is planning to employ more people at its Silicon Valley-based hardware facility. The company has announced boosting workforce by as much as 27% within five years. Amazon carries out testing procedures on the various gadgets associated with the smart-home. The gadgets include the much-talked about one-button equipment to order supplies.<\/p>\n<p style=\"text-align: justify;\">According to people having knowledge on the matter, the company\u2019s Chief Executive Officer, Jeff Bezos, is on a spree to improve its hardware strategy. Amazon had developed its Kindle, as also the other consumer electronics devices, at the Lab126 unit. As of now, the U.S. No.1 online retailer has plans to double its units workforce, to at least 3,757 workers by 2019. The plan is supported by the government of California, which has agreed to provide the company a tax break of $1.2 million.<\/p>\n<p style=\"text-align: justify;\">According to a post on the California governor\u2019s website,\u00a0Amazon.com, Inc. (NASDAQ:AMZN) is investing a sum of $55 million in the operations of Lab126 in Sunnyvale and Cupertino.<\/p>\n<p style=\"text-align: justify;\"><strong>Criticism Around Amazon\u2019s Efforts<\/strong><\/p>\n<p style=\"text-align: justify;\">Amazon\u2019s expansion plan seeks to establish a stronger ground for the retailer against major rivals <strong>Apple Inc. (NASDAQ:AAPL)<\/strong> and <strong>Google Inc (NASDAQ:GOOG)<\/strong>. Nor did Amazon\u2019s Fire smart phone did not receive much market share, nor did investors appreciate its experimental endeavors. However, Amazon did not shy from making the big move in spite of the company\u2019s previous unwelcome attempts in the field of electronic products.<\/p>\n<p style=\"text-align: justify;\">At present,\u00a0Amazon.com, Inc. (NASDAQ:AMZN) is engaged in conducting tests on a wi-fi device that is designed to be placed in a closet or kitchen, so as to assist users to order products by simply pressing a button. However, skeptics fear that such devices, as \u201ctalking\u201d dishwashers, will be too expensive to be affordable by most people. They believe that these devices will take too long before they even enter the mainstream market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 09\/24\/2014 (wallstreetpr) \u2013 Amazon.com, Inc. (NASDAQ:AMZN) seeks to expand its secretive hardware unit to conduct tests on smart home devices. Expansion Plans According [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":23869,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236,263],"tags":[1750,1612,1614,9612,1002,717,712],"stock_ticker":[],"class_list":["post-31952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-technology","tag-amazon-com-inc-nasdaqamzn","tag-apple-inc-nasdaqaapl","tag-google-inc-nasdaqgoog","tag-jeff-bezos","tag-nasdaqaapl","tag-nasdaqamzn","tag-nasdaqgoog","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Amazon.com, Inc. 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