The success of Starlink is driving the growth of low-earth orbit (LEO) satellite industry, and Taiwan-based electronics manufacturers have been trying to gain a larger foothold in this emerging sector.
The midair explosion of a SpaceX Starship rocket soon after launch in a test flight has come as a setback to the low Earth orbit (LEO) satellite market though it remains rosy in the long term.
Low-earth-orbit (LEO) satellites are expected to be integrated with 6G terrestrial networks (TN), with laser communications anticipated to play a significant role in the future LEO satellite industry.
With its importance significantly highlighted during the Russia-Ukraine war, low-earth orbit (LEO) satellite communications will usher in enormous business opportunities for III-V compound semiconductors suppliers, space electronic components analysis and verification services, and other related supply chain players, according to industry sources.
Taiwan-based satellite antenna suppliers such as Universal Microwave Technology will see their order visibility significantly improve in 2023, buoyed by an acceleration of SpaceX Starship project and Amazon s Project Kuiper, according to industry sources.