Tesco, Britains biggest retailer, will launch its first own-brand smartphone by the end of the year, building on the success of the Hudl tablet it launched last year, it said on Tuesday. A spokesman for the firm said the Tesco smartphone would run on Googles Android software and would be pre-installed with Tesco services. Tesco has sold over 500,000 Hudl tablets and plans to launch a second version later this year. Last month the firms chief executive Philip Clarke vowed to win back shoppers with millions of pounds of price cuts after posting a second year of falling profits.
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