Spotify may be building a smart speaker to compete with the Amazon Echo

The smart speaker race has intensified since Apple threw its hat in the ring with HomePod, but a new competitor may be entering the fray — and it could be a game-changer.

Based on a series of job postings, it appears Spotify is making its own smart speaker.

"Spotify is on its way to creating its first physical products and setting up an operational organization for manufacturing, supply chain, sales & marketing," reads a job description for an Operations Manager: Hardware Product on Spotify's recruitment page. Spotify posted the job on Tuesday, according to The Guardian.