Facebook developing a Smart Speaker like Amazon 

Facebook is reportedly building an Amazon-like smart speaker that will launch in 2018.Taking after Amazon’s Echo Show, Facebook is reportedly developing a smart speaker that will feature a 15-inch touch-screen and will be launched in Q1 of 2018. Google has similar smart speakers Google Home and Apple, too, has developed HomePod.

According to a report:

• According to a report, on Tuesday.
• The product will manufactured by Taiwanese electronics manufacturing company Pegatron.
• In addition, designed by company’s Building 8 department.
• Echo Show also features a large display.
• The report noted,the 15-inch touch panel that Facebook’s smart speaker will use is supplied by LG Display.
• In addfition, using in-cell technology.
• Furthermore, the speaker will also be equipped with a magnesium-aluminium-alloy chassis.
• It is rumoured that the device has already begun small volume of pilot production at Pegatron’s plants in China.

Read More:Facebook acquires Source3,a startup to fight Piracy!

Media Report:

• The smart speaker market was expected to reach $5.5 billion by 2022 while worldwide.
• Smart speaker shipments reached 5.9 million units in 2016.
• In addition, 4.2 million of which were shipped in the fourth quarter of 2016.
• Since Pegatron already has iPhone orders from Apple.
• As well as Surface and Xbox One orders from Microsof.
• If the company’s orders from Facebook are true.
• Pegatron’s performance in the second half is expect to grow higher.