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Taiwan’s satellite ground equipment sector sees 18% annual growth as 51 firms join top LEO supply chains

Taiwan’s satellite ground equipment sector is experiencing robust growth, with production value reaching NT$244.1 billion (approx. US$53.4 billion) in 2024, a substantial 18% increase compared to 2023, according to the Industrial Development Administration (IDA) on May 12. As of now, 51 Taiwanese firms have made successful inroads into the supply chains of the two major global operators of Low Earth Orbit (LEO) satellites, underscoring the sector’s expanding international integration.