Report: Amazon Smartphone Coming in 2012
Plus: Kindle Fire is having trouble connecting
Amazon is looking to add another device to its current line of Kindle e-readers and tablets. But according to Citigroup, it won’t be another Kindle—instead, Amazon is getting into the smartphone game.
In a report released yesterday, Citigroup analysts Mark Mahaney and Kevin Chang said that an “Amazon smartphone may be coming next year.”
Amazon is reportedly developing the phone with Foxconn, while it will be manufactured by TMS. The mid-end device will be made of parts—including a Qualcomm chip and Texas Instruments processor—worth between $150 and $170, suggesting that the phone itself could sell for around $300, although Amazon could subsidize some of the costs to lower the retail price.
But before Amazon branches out into the phone business, it might want to look into a few issues with a device that's already on the market.
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