Hon Hai, also known as Foxconn Technology Group, is best known for building products, like Apple’s iPhone and iPad, at its factories abroad. However, the company may soon try to get its feet wet in the wireless business by operating as a mobile carrier, according to a report from the Commercial Times on Monday.
Hon Hai is reportedly speaking with Asia Pacific Telecom on an investment that would give the company a 22 percent stake in the network, though both firms are still waiting to receive licenses to operate a 4G network in Taiwan. If approved, Foxconn would have access to 3,000 base stations in addition to Asia Pacific Telecom’s existing wireless customers in those areas.
Foxconn has expressed interest in moving its business away from relying so much on Apple and is looking at new industries, including the television market, among other ventures. With access to a wireless customer base, the company could potentially sell wireless services.