Online sources are reporting that Amazon is preparing to launch a new generation Kindle Fire Tablet PC next month.

Amazon could also launch their next generation of Kindle eBook Reader at the same event.

Amazon Kindle Fire was launched in November last year and it has been a massive success for the company.

They have been rumored to be working on a 10” edition of the device to compete against the iPad in the US market.

Google is expected to announce their own Nexus branded Tablet PC this week. If they manage to price it as per the rumors (USD 199 and USD 249), Amazon could have some solid competition on their hands.