Recently, the low Earth orbit satellite sector has really taken off, and many people are asking which concept stocks related to low Earth orbit satellites are worth paying attention to. I took a close look at the industry chain and found that this wave of opportunity is indeed significant.

First, let's talk about the big picture. Low Earth orbit satellites officially entered commercial use this year, with the global market growing from $15 billion to $108 billion by 2035, a growth of over 7 times. Taiwan's supply chain has long been stuck in the supply systems of international giants like Starlink, OneWeb, and Kuiper, and now it’s entering a harvest period.

The advantages of low Earth orbit satellites are very clear: latency is only 20-50 milliseconds, approaching ground-based 5G experience, whereas high Earth orbit satellites previously had 500-700 milliseconds, which was incomparable. Therefore, applications from gaming and video to remote medical care have suddenly opened up.

How to view the industry chain? Upstream includes satellite manufacturing and component supply, midstream involves ground equipment and data processing, and downstream covers communication services and applications. Taiwanese companies are positioned across all three segments, but I think the most worth considering are those with high technical barriers and clear order visibility.

Here, I recommend three key stocks. First is EchoStar, which has integrated resources from Hughes and DISH, and is now providing hybrid satellite solutions. Last year, they signed a $17 billion deal with SpaceX, strengthening their financial position. Second is Tai Yang Technology, which has over ten years of technical accumulation in satellite ground terminal equipment, from Ku-band transceivers to complete user terminals. Their strategy is very clear, and starting this year, volume growth is expected to be the main driver of revenue. Third is Tongxin Electric, which has long entered the Starlink supply chain, providing high-frequency transceiver modules. As SpaceX accelerates its launch schedule, order volume has been increasing year by year.

In addition to these three, upstream includes Shengda Technology’s filters and Wacom’s PCB boards, midstream includes Zhaohe’s receivers and Qiqi’s antenna equipment. These are all high-technical-content options among low Earth orbit satellite concept stocks.

My view is that low Earth orbit satellites have truly moved from the experimental stage into commercial use. The next step is to see who can secure positions in the two core areas of “space infrastructure” and “communication rollout.” Taiwanese manufacturers’ advantages lie in their manufacturing and R&D capabilities, which have been validated by international giants. This wave of opportunity should continue until after 2027. If you're interested, you can follow the performance of these stocks on Gate.