
Amazon to roll out own smartphone
ONLINE retail giant Amazon is working on a smartphone scheduled to be released in the fourth quarter of 2012, US media reported Thursday.
Note from Citigroup analyst Mark Mahaney obtained
A note from Citigroup analyst Mark Mahaney obtained by innovation news site All Things Digital said that based on the supply chain checks in Asia, Amazon is believed to launch a smartphone in the fourth quarter of 2012.According to the note, Amazon is working with manufacturer Foxconn and the device will run Texas Instruments' OMAP 4 processor. The Kindle Fire, the latest tablet introduced by the e- commerce giant, as well uses OMAP processor.The analyst said the smartphone will cost Amazon between $150 and $170 to build and the company could sell the handset at or nearly its cost to put it more exactly than a 30-percent gross margin like many other smartphone manufacturers broadly speaking do.The move is expected to furthermore intensify Amazon's rivalry with Apple and Google afterwards the e-commerce giant had made moves on some booming businesses like tablet computer and cloud-computing service.
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ONLINE retail giant Amazon is working on a smartphone scheduled to be released in the fourth quarter of 2012, US media reported Thursday. Read more
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