Amazon.com Inc. is working on a smartphone to compete with Apple Inc.'s iPhone and units running Google Inc.'s Android system.
Bloomberg News reports that Amazon (Nasdaq: AMZN) is developing the device with Chinese mobile-device maker Foxconn International Holdings Ltd.
The online retailer -- which recently entered the tablet market with Kindle Fire -- has been acquiring mobile patents, Bloomberg says.
Source: http://feedproxy.google.com/~r/vertical_13/~3/_ztCR7h3zwo/amazon-developing-smartphone-to-bite.html
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