Amazon.com Inc is developing smartphones with HTC Corp, putting it in a position to compete with Apple Inc and Google Inc, the Financial Times reported.<\/p>\n
One device is already in an advanced stage of development, the paper reported, citing a source. However, another source said Amazon may decide not to release it, according to the paper.<\/p>\n
The device is likely to be launched in 2014 if Amazon decides to proceed with the project, the newspaper said.<\/p>\n
Amazon and HTC could not be immediately reached for comment.<\/p>\n
Speculation that Amazon will launch its own mobile devices has been around for years. In 2011, Citigroup said that Amazon would launch a smartphone in 2012 through a partnership with contract cellphone maker Foxconn International.<\/p>\n
If Amazon turns to Asia to launch a smartphone, it will be following the example of Google, which tied up with Taiwan’s Asus and South Korea’s LG Electronics for its Nexus devices.<\/p>\n
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