Now that the Kindle Fire is out, is Amazon (AMZN) gearing up to offer a smartphone? Citi's Asian...

|By:, SA News Editor

Now that the Kindle Fire is out, is Amazon (AMZN) gearing up to offer a smartphone? Citi's Asian supply checks lead it to believe Jeff Bezos & Co. are jointly developing a phone with Foxconn, with a Q4 2012 launch in mind. Like the Kindle Fire, Citi expects the device to be powered by a Texas Instruments (TXN) OMAP 4 processor (previously), and also thinks a Qualcomm (QCOM) baseband chip will be used.