Tesco, the huge UK retailer, is planning to launch its own smartphone sometime later this year. The news was first revealed by the BBC in an interview with the company's CEO Philip Clarke.
Clarke made the announcement during an interview with the BBC Radio 5's Wake Up To Money program. He claimed the smartphone would use Google's Android OS and be a high end device along the lines of Samsung's Galaxy S5 but would be aggressively priced. The smartphone would also have a number of pre-installed apps that would connect to Tesco services. Other details about the phone, such as hardware specs and a price tag, have yet to be revealed.
Tesco has already launched a tablet, the Hudl.
Tesco already sells an Android-based 7-inch tablet, the Hudl, which Clarke claims has sold 500,000 units since it launched in late 2013. A revamped version of the tablet, the Hudl 2, will be released in September.
Tesco's plans for a smartphone come after lots of rumors that another big retailer, Amazon, is also planning to launch its own phone later this year.