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Shine-D: Low-Earth Orbit Satellite Business Bears Fruit, Targeting Double-Digit Revenue Growth This Year

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Key facts

  • Shine-D: Low-Earth Orbit Satellite Business Bears Fruit, Targeting Double-Digit Revenue Growth This Year
  • Shine-D, an Apple supply chain member, stated that its efforts in new markets like low-earth orbit satellites and gaming equipment are paying off. Chairman Tsai Chen-lung forecasts double-digit revenue growth this year. Despite a Q1 loss due to inventory and forex charges, the company expects a return to profitability in Q2, driven by new product shipments in the second half.
  • Source: CNA
  • Date: Thu Jun 11 2026 16:04:00 GMT+0900 (Japan Standard Time)

Direct answer

Shine-D, an Apple supply chain member, stated that its efforts in new markets like low-earth orbit satellites and gaming equipment are paying off. Chairman Tsai Chen-lung forecasts double-digit revenue growth this year. Despite a Q1 loss due to inventory and forex charges, the company expects a return to profitability in Q2, driven by new product shipments in the second half.

Citation
Shine-D: Low-Earth Orbit Satellite Business Bears Fruit, Targeting Double-Digit Revenue Growth This Year (Thu Jun 11 2026 16:04:00 GMT+0900 (Japan Standard Time)), CNA
Source
CNA
Date
Thu Jun 11 2026 16:04:00 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

Shine-D, an Apple supply chain member, stated that its efforts in new markets like low-earth orbit satellites and gaming equipment are paying off. Chairman Tsai Chen-lung forecasts double-digit revenue growth this year. Despite a Q1 loss due to inventory and forex charges, the company expects a return to profitability in Q2, driven by new product shipments in the second half.

AI Analysis

Frequently Asked Questions

Q: What is Shine-D's main business?
A: Its main business is manufacturing and selling connectors and wire harnesses, including for Apple, but it is now diversifying into LEO satellites and gaming equipment.
Q: What product does Shine-D supply to Starlink?
A: It supplies wire harness connectors for ground receiving stations, and will add connectors and mechanical components in the future.
Q: What were Shine-D's Q1 2025 results?
A: It reported a net loss attributable to parent of NT$180 million, a swing from profit last year, mainly due to a NT$170 million inventory adjustment and NT$97 million forex loss.