Tesco smartphones available by end of 2014
Tesco is to introduce its first own-brand smartphone by the end of the year, its chief executive has announced.
The smartphone will run a similar Android operating system to its popular Hudl tablet, which comes preloaded with Tesco services - such as direct links to grocery shopping and Tesco Direct.
Tesco boss Philip Clarke, who also announced the retailer will launch a second version of Hudl this year, said its smartphone will be aggressively priced to compete with the likes of the Samsung Galaxy S5 and Google's Nexus 5.
While its price and tariff options are yet to be announced, Carphone Warehouse offers the Samsung model at an upfront cost of around £570 or monthly plans that start from £28 a month. The Google Nexus 5 is priced at £299.95 or free with monthly contracts from around £26 a month.
Tesco said it is also in the process of launching a smartphone banking service as it gears up to introduce its first current accounts.
Internet retail giant Amazon will also launch its own smartphone in the autumn to compete with the iPhone.