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Global Domination: Amazon Will Release A Phone Later This Year

Posted byBy Leo | Published on: CommentsComments (0)

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Amazon.com Inc. is preparing to launch its long-rumored smartphone during the second half of this year, the Wall Street Journal reported on Friday.

The Internet retailer would jump into a crowded market dominated by Apple Inc. and Samsung Electronics Co. Ltd.

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 in the hardware arena as it seeks to boost sales of digital content and gain more users. Amazon recently launched its $99 Fire TV video-streaming box, while 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 target the lower-income segment.

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

Amazon officials were not immediately available for comment.

source: reuters.com

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