- Foxconn, the major iPhone producer, launched two LEO satellites via SpaceX, signaling its entry into the space sector.
- The satellites, developed with Taiwan’s National Central University, are small, weighing 9 kilograms each and equipped for Earth orbit at 520 kilometers altitude.
- The move is part of Foxconn’s diversification strategy under Chairman Young Liu, exploring sectors like electric vehicles, digital health, robotics, AI, semiconductors, and now, space technology.
- Foxconn aims to demonstrate satellite technology for corporate and government clients, capitalizing on the growing demand for space-based communications.
- Despite challenges in its established businesses, Foxconn’s background in electronics positions it well for space-related ventures, aligning with Taiwan’s ambitions in satellite technology.