According to VG 24/7, the retail giant is ready to launch its own games and entertainment device this year with a price under $300.
The console would enter into direct competition with similar devices from Microsoft, Sony and Nintendo and rely on Google’s Android operating system.
It would have approximately the same size as the redesigned PSOne, it would be “grey in colour, oblong in shape and with sharp edges.”
The hardware will be created in collaboration with Amazon’s product team Lab 126, which is the very same company that designed the Amazon Kindle tablet.
The report adds that the console was ready to be launched last year but was postponed at the last minute.