Foxconn, Apple’s biggest supplier, has sent two low-Earth orbit satellites into space to tap into the growing market for communications from space. The satellites, co-developed with Taiwan’s National Central University, are the size of a backpack and weigh 9 kilograms each. They are designed to orbit Earth every 96 minutes at an altitude of 520 kilometers. Foxconn’s move into satellite technology is part of its diversification plans, which include electric vehicles and digital health. Government orders and support from its electric vehicle business could help boost Foxconn’s satellite unit.
Share via:
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
iPhone supplier Foxconn enters a new ‘space’
Foxconn, Apple’s biggest supplier, has sent two low-Earth orbit satellites into space to tap into the growing market for communications from space. The satellites, co-developed with Taiwan’s National Central University, are the size of a backpack and weigh 9 kilograms each. They are designed to orbit Earth every 96 minutes at an altitude of 520 kilometers. Foxconn’s move into satellite technology is part of its diversification plans, which include electric vehicles and digital health. Government orders and support from its electric vehicle business could help boost Foxconn’s satellite unit.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi
More like this
Popular
Upcoming Events
Startup Information that matters. Get in your inbox Daily!