Bloomberg reports about a rumor that Amazon plans to enter the smartphone market.
Amazon offers a tablet and ebook reader. According to Bloomberg Amazon is developing a smartphone to compete with the Apple iPhone. Bloomberg cites as source two people with knowledge of the matter.
Amazon is supposed to work with Foxconn on the new aPhone and also is prepared to acquire patents to protect itself from patent claims.
I am not sure if it makes sense for Amazon to offer a smartphone. It only would work if Amazon bundles service with the phone. This would mean Amazon would offer a branded wireless service they buy from some other carrier.