There is a ripple effect underway in the smartphone industry. As consumers shift from high-priced smartphones to basic lower-cost alternatives, companies such as Apple look to produce lower-priced handsets. The latest in line are manufacturers, such as Foxconn, which for years has tied its profit wagon to Apple's success. Now comes word Foxconn's parent company seeks to diversify into e-commerce and perhaps licensing its vast library of patents...
Foxconn chief talks diversification amid lack of Apple product launches