Last month, Taiwanese company Foxconn, with the help of the SpaceX mission, launched into orbit the first two experimental communications satellites, which were created and prepared for launch with the help of experts from the National Central University of Taiwan and Exolaunch. Satellites connected successfully; The company plans to continue testing through the end of next year and then begin expanding its specialty business.

As Nikkei Asian Review explains, Foxconn at this stage only supplies selective components such as digital cameras and cable harnesses to satellite manufacturers, but will develop its own competencies in this field in the future and develop into a contract communications manufacturer. satellites. According to the predictions of Morgan Stanley analysts, the turnover of this market will increase 2.6 times compared to last year and reach 1 trillion dollars by 2040. The company plans to use low-orbit satellites to communicate with its fleet of “smart” vehicles, which have started to be produced under contract.

According to Taiwanese analysts, by 2030 there will be 17,350 devices in the low-orbit satellite constellation, which is 2.3 times the current number. According to Foxconn representatives, the satellite industry will eventually transition to vertical integration, as has happened with smartphone manufacturers. The company, which has experience in its last field of activity, expects to repeat its success in a new field.

Foxconn will celebrate its 50th anniversary next year. iPhone assembly constitutes the main part of the revenue, which reaches approximately 200 billion dollars a year, as before, but the net profit rate does not exceed 1-2% of this amount. The smartphone market is no longer growing, so Foxconn is looking for new areas of activity. The company, striving to specialize in the production of satellite devices, is experiencing a shortage of qualified personnel, since Taiwanese scientists focus on fundamental research in this area and are almost not interested in practical training of specialists.