Amazon to unveil smartphone in time for winter holidays - WSJ

SAN FRANCISCO Sun Apr 13, 2014 9:18am IST

A zoomed image of a computer screen showing the Amazon logo is seen in Vienna November 26, 2012. REUTERS/Heinz-Peter Bader/Files

A zoomed image of a computer screen showing the Amazon logo is seen in Vienna November 26, 2012.

Credit: Reuters/Heinz-Peter Bader/Files

Related Topics

Stocks

   

SAN FRANCISCO (Reuters) - Amazon.com Inc (AMZN.O) is preparing to launch its long-rumored smartphone in the second half of the year, the Wall Street Journal reported on Friday, citing people briefed on the company's plans.

The Internet retailer would jump into a crowded market dominated by Apple Inc (AAPL.O) and Samsung Electronics Co Ltd (005930.KS).

The company has recently been demonstrating versions of the handset to developers in San Francisco and Seattle. It intends to announce the device in June and ship to stores around the end of September, the newspaper cited the unidentified sources as saying.

Amazon has made great strides into the hardware arena as it seeks to boost sales of digital content and puts its online store in front of more users. Amazon recently launched its $99 Fire TV video-streaming box and its Kindle e-readers and Fire tablets already command respectable U.S. market share after just a few years on the market.

Rumors of an Amazon-designed smartphone have circulated for years, though executives have previously played down ambitions to leap into a heavily competitive and increasingly saturated market.

Apple and Samsung, which once accounted for the lion's share of the smartphone market, are struggling to maintain margins as new entrants such as Huawei and Lenovo (0992.HK) target the lower-income segment.

To stand out from the crowd, Amazon intends to equip its phones with screens that display three-dimensional images without a need for special glasses, the Journal said.

Amazon officials were not immediately available for comment.

(Reporting by San Francisco newsroom. Editing by Andre Grenon and Dan Grebler)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

E-COMMERCE

Reuters Showcase

Qualcomm Probe

Qualcomm Probe

Chipmaker Qualcomm may face EU antitrust probe - sources.  Full Article 

Google Acquisition

Google Acquisition

Google buys video-processing service provider Zync Render.  Full Article 

Tech Investment

Tech Investment

Kleiner to invest in messaging startup Snapchat at near-$10 bln valuation - report.  Full Article 

Bigger iPad

Bigger iPad

Apple planning 12.9-inch iPad for 2015 - Bloomberg.  Full Article 

Antitrust Probe

Antitrust Probe

Chinese antitrust regulator targets Microsoft's web browser, media player.  Full Article 

IBM in China

IBM in China

ICBC deal shows U.S. tech giant IBM still engaged in China.  Full Article 

Hanks' Typewriter App

Hanks' Typewriter App

Tom Hanks' new app an homage to manual typewriters  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage