Hon Hai Bids for Taiwan 4G Mobile Spectrum

Hon Hai Precision Industry Co. said Tuesday it has submitted an application for a fourth-generation high-speed mobile spectrum license in Taiwan, its latest effort to diversify beyond the contract manufacturing business.

Hon Hai, also known as Foxconn Technology Group, is the main assembler of Apple Inc.’s iPhones and iPads and the world’s biggest contract manufacturer of electronics. The Taiwan-based company is seeking new clients and businesses as revenue from personal-computer and phone manufacturing slows.

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