Apple’s Top iPhone Supplier Goes to Outer Space With New Satellites

While Apple Inc. needs millions of iPhones a quarter and frequently updates models, customers can go a long time between orders for LEO satellites, so the businesses is much less predictable, said Tim Farrar, president of Telecom, Media and Finance Associates Inc., a consulting firm in Menlo Park, California. Foxconn makes about two out of every three iPhones in the world.

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