An Amazon smartphone is likely to be launched in the fourth quarter of 2012, based on supply chain checks in Asia that offer some very specific detail offered Thursday morning by Citigroup Investment Research.
“We believe FIH is now jointly developing the phone with Amazon. However, we believe that Amazon will pay non-recurring engineering fees to FIH, but the device and multiple components will actually be manufactured by Hon Hai’s TMS business group (the same business group that makes Amazon’s e-reader and the 8.9-inch Amazon tablet.) We believe the smartphone will adopt Texas Instrument’s OMAP 4 processor and is very likely to adopt Qualcomm’s dual mode 6-series standalone baseband given Qualcomm has been a longtime baseband supplier for Amazon’s e-reader.”
Shares of Amazon.com (AMZN) were down 2.5%, or $5.25, to $206.56. Texas Instruments (TI) stock was flat, while� Qualcomm (QCOM) shares were off slightly, down 28 cents, or 0.48%, to $56.58.
These supply chain checks were conducted by Kevin Chang, Citi’s Taipei-based hardware research analyst, writes fellow Analyst Mark Mahaney.
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