Tesco to launch own brand smartphone
Tuesday 06 May 2014
Tesco is seeking to replicate the success of its budget tablet, Hudl, by launching its own Android smarthphone before the end of the year.
Tesco boss Philip Clarke said the phone will be comparable with the Samsung Galaxy S5 and announced a second version of Hudl will be released later in September.
But the announcement was met with scepticism by a leading analyst who accused Tesco of creating a “sideshow” to divert attention from its plunging profits.
Shore Capital analyst Clive Black said: “Tesco is clearly taking the digital world seriously but such developments appear something of a sideshow from the implosion of its market share. It could introduce Hudl95 and it will not make a bit of difference to its market share or basket size.”
Rival Sainsbury’s will post its full-year results tomorrow. Chief executive Justin King is expected to address the supermarket price war kick-started by the rise of Aldi and Lidl in his swansong.
- 3 Russian girl takes her own life after parents find pornography on her computer
- 4 Ball pool for adults opens in London
- 5 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Kim Kardashian on Bruce Jenner's 'story': 'We support him no matter what, and I think when the time is right, he'll talk'
Michelle Obama highlights harsh restrictions faced by Saudi women after meeting King Salman without wearing a headscarf
Russian girl takes her own life after parents find pornography on her computer
Ball pool for adults opens in London
9 reasons Greece's experiment with the radical left is doomed to failure
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
iJobs Money & Business
£13000 per annum: Recruitment Genius: This Pension Specialist was established ...
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...
£25000 - £35000 per annum: Recruitment Genius: A Technical Report Writer is re...
Competitive salary & benefits!: MBDA UK Ltd: MBDA UK LTD Indirect Procurement...