Amazon (AMZN) May Release Low-Cost Smartphone in China During FY13
Tweet
Share
E-mail
Get Alerts AMZN Hot Sheet
Join SI Premium – FREE
More chatter about a possible Amazon (Nasdaq: AMZN) smartphone.
According to DigiTimes research, Google (Nasdaq: GOOG), Amazon (Nasdaq; AMZN), and other Internet service companies will lead the Chinese smartphone segment in price competition.
The site says Amazon is expected to launch its first smartphone in 2013, with pricing toward the lower-end as competition remains fierce in the region.
It wasn't made clear whether or not Amazon's smartphone would stay solely in China, but the best guess is that it won't given the large U.S. market. Amazon might opt to release several models of a smartphone: lower-end for emerging markets and ones with more features for developed areas.
Shares of Amazon are ticking higher Tuesday morning.
According to DigiTimes research, Google (Nasdaq: GOOG), Amazon (Nasdaq; AMZN), and other Internet service companies will lead the Chinese smartphone segment in price competition.
The site says Amazon is expected to launch its first smartphone in 2013, with pricing toward the lower-end as competition remains fierce in the region.
It wasn't made clear whether or not Amazon's smartphone would stay solely in China, but the best guess is that it won't given the large U.S. market. Amazon might opt to release several models of a smartphone: lower-end for emerging markets and ones with more features for developed areas.
Shares of Amazon are ticking higher Tuesday morning.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Active options: AMZN NFLX HTZ MSTR NBIS PLTR SNDK CRWV MSFT ONDS ORCL CSCO
- "Big Short" Steve Eisman says China’s AI models are "Achilles’ heel" of AI trade
- OpenAI Buys Back $7 Billion Of Employee Shares In Tender Offer - Bloomberg
Create E-mail Alert Related Categories
Insiders' Blog, RumorsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
