News: Foxconn looks to reduce reliance on Apple

Apple’s largest manufacturing partner, Foxconn, is reportedly undergoing a new shift in strategy to reduce its reliance on Apple. Recently, the company reported that its first quarter revenue was down 19.2 percent compared to last year, due to declining iPad and iPhone orders. “The decline in the business of our partners, such as Apple and Nokia, does affect us,” Foxconn spokesman Simon Hsing said. “We don’t want to just wait…