Tesco to launch its own-brand smartphone by year end
Tesco is planning to release its own-brand smartphone before the end of the year, following on from the success of its Hudl tablet.
The company has yet to decide whether to launch an Irish version.
CEO Philip Clarke told BBC Radio 5 Live the phone will run Google's Android software, and will be pre-installed with Tesco services, which could include its streaming service Blinkbox.
The release will mark Tesco as the first UK supermarket to develop and sell its own smartphone.
Tesco is also planning to launch an updated version of the Hudl, the Hudl 2, in September.
The budget tablet, which retails for £119, has sold half a million units across the UK.
Last month Tesco reported a 6.9 per cent decline in annual profits, as the retailer struggled to reverse a fall in sales.
The supermarket group said that underlying pre-tax profits dropped to £3.1bn in the year to the end of March with sales under pressure in the UK, eastern Europe and Asia.