News Briefing 
Under the active deployment of the United States, China, and the United Kingdom, business opportunities for low-earth-orbit (LEO) satellites have continued to expand. According to the forecast by TrendForce, the output value of the global satellite industry will reach US$308.3 billion in 2023, of which the output value for global ground equipment should account for the greatest percentage, at 51%.

Impact Analysis 
The issue of low-earth-orbit satellites for the industry can be traced back to 2020, but there was much said and little done back then, so the benefits to manufacturers or industries were insignificant, and the number of manufacturers who benefited was minimal. In terms of the planned schedule for LEO as a whole, the year 2022 remains at the stage of early development. However, even if the overall operational risk persists, LEO has passed through a period of high uncertainty as judged by the fact that Starlink can provide commercial services in 29 countries and the four major players have mapped 58,525 galaxies on its current scale. Also, the enlargement of the scale of the industry indicates that there will be more supply chain manufacturers to share the opportunity for participation. As far as the PCB industry is concerned, LEO satellites are recognized as emerging applications, whereas the product competitiveness of Taiwanese factories and the international situation is in its favor. As such, even if the contribution of performance or output value remains low after two years of deliberation and efforts, manufacturers are encouraged by their willingness and strength to invest in product research and development under the context that market visibility of related products has been greatly improved, and has therefore increased the willingness and strength of manufacturers to invest in product research and development. Consequently, it helps to establish a positive supply and demand cycle, thereby speeding up the proportion of Taiwanese manufacturers in such applications. In other words, it is most likely that the output value by Taiwanese PCB, in the next few years, for related products will have the opportunity to grow at greater speed.