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Facebook joining the smart speaker market?

Published 07/25/2017, 07:49 AM
© Reuters.  Facebook joining the smart speaker market?
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  • Facebook (NASDAQ:FB) will enter the smart speaker market with a model meant to take on Amazon’s Echo Show, according to Digitimes supply chain sources.
  • Facebook’s entrant would focus more on the 15-inch touch panel, made by LG Display, than on a proprietary voice assistant like the other smart speaker models.
  • The recently released Echo Show has a 7-inch screen and the voice assistant Alexa.
  • Manufacturer Pegatron Technology has reportedly started small volume production on the speaker with a potential release in 1Q18.
  • Facebook could struggle to find a market place between the established voice assistant devices from Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOGL) and the more audio-focused devices like Apple’s upcoming HomePod, which would launch just before Facebook’s product.
  • Previously: Echo Dot tops voice assistant devices in units; Google Home wins revenue (June 29)
  • Now read: Facebook Earnings Preview: Bullish On Instagram


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