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Nest may release a cheaper smart thermostat by next year

March 9, 2017

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Nest is working on a less expensive edition of its famous learning thermostat as well as shiny new products designed to keep your home secure, or so says a new report.

A source “familiar with the matter” detailed Nest’s device development plans to Mark Gurman of Bloomberg. The most eye-catching revelation centers on the cheaper thermostat; Nest is apparently looking to introduce a version of its smart ‘stat that costs less than $200 (about £165, AU$265).

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