Amazon partners with HTC to make smartphones - report

Reuters

Oct 15 (Reuters) - Amazon.com Inc is developingsmartphones with HTC Corp, putting it in a position tocompete with Apple Inc and Google Inc, theFinancial Times reported.

One device is already in an advanced stage of development,the paper reported, citing a source. However, another sourcesaid Amazon may decide not to release it, according to thepaper.

The device is likely to be launched in 2014 if Amazondecides to proceed with the project, the newspaper said. ()

Amazon and HTC could not be immediately reached for comment.

Speculation that Amazon will launch its own mobile deviceshas been around for years. In 2011, Citigroup said that Amazonwould launch a smartphone in 2012 through a partnership withcontract cellphone maker Foxconn International.

If Amazon turns to Asia to launch a smartphone, it will befollowing the example of Google, which tied up with Taiwan'sAsus and South Korea's LG Electronics forits Nexus devices.

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