Reported 11 months ago
Yahua's low earth orbit satellite share increased to 20% last year, with the company optimistic about the growth potential of low earth orbit satellites due to the expansion of satellite chain services globally. The company's focus on low earth orbit satellites, automotive, and AI fields was highlighted at the shareholders' meeting, with expectations for continued growth in these areas. Yahua anticipates a rise in demand for low earth orbit satellites in 2024, as the number of satellites in satellite chain layouts continues to increase, leading to unprecedented coverage density and expanding opportunities in this sector.
Source: YAHOO