Amazon 'Kindle Phone' could be released in late 2012

Amazon may develop its own smartphone after the recent success of its Kindle devices, which could be launched by 2012.

According to a report by research firm Citigroup, Amazon have asked Taipei-based company, Foxconn, to help make the smartphone. Foxconn has previously working with Apple to develop its iPhone device.

The smartphone will use Texas Instrument’s OMAP 4 processor, which is also used for the Kindle Fire tablet, it's been reported.

Predicted to be on sale by the fourth quarter of next year, the smartphone could retail between $150-170, which is the same amount as manufacturing costs. This follows the low price bracket for the Kindle Fire, which could potentially make a loss to the company.

Citi analysts said: "With the clear success of the Kindle e-Reader over the past three years, and Kindle Fire possibly succeeding in the low-priced tablet market, we view this as the next logical step for Amazon.”

Rumours are also circulating that a new version of Amazon’s Kindle Fire could be unveiled by the second quarter of next year.

The report continued: “We continue to believe Amazon has set its eyes on the mobile (and tablet) media and product consumption frontier."

To learn more about the future of devices, multiplatform apps and the latest opportunities for developers, visit www.apps-world.net/europe on 29-30 November in London, and hear from leading global brands and industry experts.

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