Alphabet Inc's Nest, seeking a bigger share of the connected home market, is developing a cheaper version of its flagship thermostat and new home security products, according to a person familiar with the matter.
The company is working on a version of its “learning thermostat,” which adjusts the temperature based on usage patterns, that would sell for under US$200 (RM889), the person said. The current version sells for US$249 (RM1,108). The cheaper model would include less expensive components and at least one internal prototype lacks the flagship model's metal edges, the person said.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
