Guo Mingyi
The study of Apple Inc
IPhone 13 may support Leo satellite communications; iPhone aid Leo satellite communications will accelerate shipments of related services and spare parts in 2022.
We understand that because Apple is optimistic about the trend of satellite communications, it has set up a specific team internally and has been researching and developing related technologies and applications for some time. We predict that the hardware specification of iPhone 13 can support Leo satellite communications. if Apple turns on the relevant software functions, it will be able to make calls and transmissions through satellite communications when iPhone 13 keeps the receiver out of 4G/5G coverage. In terms of technology and service coverage, we believe that the Leo satellite service provider most likely to cooperate with Apple is Globalstar.
We are optimistic that satellite communications will be integrated with more new Apple products and provide innovative experiences in the future.
From the successful history of Apple, we can see that road specification upgrades are indispensable for hardware innovation to make the user experience. We believe that the great success of iPod and iPhone is closely related to the lives of cable broadband and 3G/4G 's routing technology, respectively.
We believe that Apple is now on the brink of low-orbit satellite communications and 5G (millimeter wave) "road technology". If Apple can take advantage of these two technologies, it can not only enhance the messenger experience of existing hardware products, but also integrate with new products (headset display, Apple Car and IoT accessories) and provide innovative experience in the future.
We predict that iPhone 13 may assist Leo satellite communications. If the Apple turns on the satellite communication software function, it will enable the user to talk and communicate even if it is not within the coverage of the 4G/5G.
Our latest survey indicates that iPhone 13 uses customized Qualcomm x60 baseband chips for aid satellite communications. Other smart brands will have to wait until 2022 to adopt the X65 baseband chip if they want to provide models for Satcom.
Qualcomm has been working with Globalstar for a long time and is expected to support Globalstar's N53 band in future X65 baseband chips. Therefore, if Apple wants to provide satellite communication function on iPhone 13, we believe that the most likely partner is Globalstar.
There are many potential scenarios for the business models of Apple and Globalstar. The simplest scenario is that if the operator of the carrier already cooperates with Globalstar, it will enable the operator to use the satellite communication service of Globalstar directly on iPhone 13 through the service of the operator.
Leo satellite communications are one of the key trends in the power industry in 2022.
We predict that under the promotion of enterprises such as Starlink and Apple, shipments of Leo satellite services and related components will be significantly successful in 2022. Since there are no iPhone 13 components to benefit from Leo satellite communications, we believe that Leo satellite service providers will be the first beneficiaries of this trend and are optimistic about the potential upside of service providers' share prices. In addition to Globalstar, Starlink, the leader of the former Leo satellite service, and China Satcom, the satellite communications service provider in charge of the Chinese market, are also worthy of investment attention.
Investment advice:
IPhone 13 may assist Leo satellite communications; iPhone Leo satellites will accelerate shipments of related services and spare parts in 2022.
Insurance advice:
The production of new products is delayed or the market demand is not as expected.