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Business

Amazon to launch smartphone this year

Published: 12 Apr 2014 - 11:58 pm | Last Updated: 28 Jan 2022 - 09:00 pm

WASHINGTON: Amazon is preparing to release a smartphone in the second half of 2014, thrusting itself into a market already crowded with Apple and Samsung models, The Wall Street Journal reported.
The company aims to announce its new product by the end of June and ship to customers by the end of September in time for the holidays, the Journal said in a Friday report, citing unnamed people briefed on the matter.
Amazon, it said, hopes to differentiate its phone from other models with a screen that displays hologram-like three-dimensional images, which can be viewed without special glasses.
The company has been showing versions of the phone to developers in San Francisco and Seattle, the sources said.
Earlier this month the retailer unveiled a new media streaming device, Amazon Fire TV, which it touted as simplifying the experience of watching video online.
The new device is part of Amazon’s strategy to expand from retail to multimedia, leveraging its Kindle tablets and streaming video. The smartphone market is currently dominated by rivals Samsung and Apple.
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 target the lower-income segment.
AFP & Reuters