Amazon Reportedly Plans Smartphone 78
AlistairCharlton writes "Online retailer Amazon is developing its own smartphone to take on the Apple iPhone and handsets that run the Google Android operating system, according to media reports 'Foxconn International Holdings Ltd. (2038), the Chinese mobile- phone maker, is working with Amazon on the device, said one of the people, who asked not to be identified because the plans are private. Amazon is seeking to complement the smartphone strategy by acquiring patents that cover wireless technology and would help it defend against allegations of infringement, other people with knowledge of the matter said.'"
Re:The Foxconn monopoly (Score:5, Informative)
72.8 million in profits for all of 2011, on 6.35 billion of revenue [marketwatch.com]
I wouldn't be too concerned about Foxconn taking over IT any time soon.