Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

$Globalstar (GSAT.US)$  Globalstar (GSAT) soared 64%, and ye...

$Globalstar (GSAT.US)$
Globalstar (GSAT) soared 64%, and yesterday's trading volume became crazy. For those who are too sleepy to read yesterday's news on Blue Monday, the stone thrown. This is a quick version of what happened, and more details will be introduced later.


There are rumors that Apple’s new Iphone will use satellite communications. You guessed it, Globalstar will be their partner. How legitimate is this "rumor"? 📷


---Promise or meaningless? ---


The spread of rumors?
Well-known Apple analyst Ming-Chi Kuo mentioned in his customer report: The new iPhone 13 is "very likely" to support low-Earth orbit satellite communications. Kuo also mentioned that Globalstar is most likely to cooperate with Apple. The company's existing satellite phone network consists of 24 low-earth orbit satellites.
Guo collected information from his contacts in Apple's Asian supply chain, and most of his past forecasts were accurate. When it comes to Apple’s rumors, this makes him one of the most reliable sources.


——


Global Star-Qualcomm-Apple
In February, GSAT announced a partnership with Qualcomm on the n53 frequency band of the new 5G X65 modem. They also announced an agreement with an unidentified party to develop a new service. On the other hand, Bloomberg also reported earlier that Apple confirmed the satellite function in the new iPhone, but did not mention the cooperative brand. Now, we all know that Apple uses Qualcomm chips on the iPhone 12, and Qualcomm’s modems are used in almost every high-end mobile phone in the United States. It is very likely that GSAT and Apple will cooperate.


——


FOMO or actually good buy?
In summary, the rumors are very likely to be true and can be regarded as the rise of GSAT. Satellite technology is heading to the moon—not just a meme stock, nor some random hype. I believe it’s time to start earning some new iPhone money for myself.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
10
+0
9
Translate
Report
19K Views
Comment
Sign in to post a comment
464Followers
73Following
1662Visitors
Follow