Foxconn looks to become a wireless carrier

Foxconn is best known as the manufacturer of Apple’s assorted mobile devices, but the company is trying to expand its reach into new areas by manufacturing its own devices based on Mozilla’s Firefox operating system. The Wall Street Journal reports that Foxconn parent company Hon Hai is about to embark on its most adventurous scheme yet after it submitted “an application for a fourth-generation high-speed mobile spectrum license in Taiwan.” The Journal says that Hon Hai is trying to invest in more high-margin businesses because it has found that manufacturing electronics simply isn’t as profitable as it has been in years past.

[More from BGR: Facebook’s advertising strategy could be its downfall]

This article was originally published on BGR.com