Amazon will launch Smartphone By 2012 End


Amazon may launch smartphone by the end of 2012 Citigroup said. In a research note the brokerage said Amazon is jointly developing a phone with cellphone maker Foxcon International. The smartphone will have Texas Instruments processor and Qualcomm's based chip.

With Amazons success from Kindle e-Reader and Kindle Fire, Amazon may come up with a good phone in the market.

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