LEO satellites promise big business opportunities. Credit: DIGITIMES
Cable maker Wonderful Hi-Tech has become a supplier of transmission cables used in ground receivers for low Earth orbit (LEO) satellites thanks to its experience in making directly buried cable products, according to company CEO Paul Chang.
In addition, with the growth in the networking and automotive cable businesses, the company is aiming to achieve a 20-30% on-year increase in 2022 revenues and even higher percentage growth in profits.
Currently, Wonderful’s plant in Taiwan mainly handles the production of networking cables including CMP and CMR ones, while the plants in Thailand and Vietnam mainly manufacture automotive and IT cables for local automakers and home appliance makers. Its plant in China mainly produces cables for consumer electronics, medical care devices and home appliances.
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