Amazon Rumored to Launch Smartphone

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Amazon.com is rumored to be planning a launch of a proprietary smartphone to compete with Apple’s ever-popular iPhone. Amazon plans to use Foxconn — the Taiwanese mobile phone plant which produces the iPhone — to manufacture its cell phone.

This comes on the heels of the success of the Kindle Fire — Amazon’s tablet which competes with the iPad directly and virtually functions the same way.

This would help Jeff Bezos, CEO, give his company market share in the lucrative cell phone industry.  Amazon is also supposedly acquiring mobile technology patents to assist in this endeavor.