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Rumors that Amazon is making plans to develop a smartphone are nothing new, but a report from Bloomberg has put substantially more meat on those bones by suggesting that the retail giant is working with uber-mobile device maker Foxconn to make it a reality. Foxconn, which produces devices for a number of tech firms including Apple, Microsoft and China's Baidu, is reported to be developing an Android-based iPhone rival, according to "two people with knowledge of the matter." Last year, Citigroup analyst Mark Mahaney speculated that a move into smartphones would be forthcoming and, given the success of Amazon's Kindle e-reader and Kindle Fire tablet devices — the former of which had sold 4 million units at the end of 2011 — a branch out into phones is logical. Amazon's tablet runs a modified version of the Google-owned Android operating system and it seems likely that the firm would continue to its cut its own variant of the platform, which would...

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