Foxconn applies for license, aiming to get into wireless service
Apple's parts manufacturer of choice, Foxconn, doesn't seem very happy with its current industry. The company recently made its own iPhone-compatible smartwatch (in order to show off that it could design its own devices), and now the Wall Street Journal reports that Foxconn's parent company, Hon Hai, has applied for a high-speed wireless broadband license in Taiwan.
An auction for the frequency will happen in September of this year, with bidders being announced in August.
This move certainly makes it seem like the company is aiming to provide wireless service, which is a nice industry jump from where it's at right now. Foxconn doesn't seem content with assembling parts for Apple lately, and could be in a few different industries by the end of this year. We'll have to wait and see if that affects Apple's production line at all. It doesn't seem like Foxconn would want to hurt its relationship with Apple, but if it would rather sell products directly to consumers, then it's possible the core business could falter a bit.
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