Tesco is set to release its very own tablet to take on Apple and Amazon, reports The Sunday Times
According to an article in The Sunday Times, Tesco is set to release an "iPad-like" tablet in time for the Christmas season.
Although there are no specs for the device, sources have said the tablet will come pre-loaded with books, films and music.
There will also be apps on this new tablet for Tesco's digital grocery and banking products and Blinkbox, the movie-streaming service it acquired back in 2011.
Sources have told The Sunday Times that Tesco's tablet would be of "high-quality" and would cost around £130.
The move may be an attempt to gain back the lost business it has suffered through Apple and Amazon's services.
Reportedly, delving into the tablet market will act as a new way to connect with shoppers who have become less loyal since the economic downturn.
Earlier this year, it was reported that Tesco had set its sights on offering digital books and digital music.
Tesco isn't the only high-street shop to take on Amazon and Apple.
As CNET reports, Asda sells the Prestigio Dual Core Android Tablet and Next joined the competition with its own tablet back in 2010.
Tesco has refused to deny or confirm the news.
Source: The Sunday Times, CNET