iPhone 13 rumored to have satellite connectivity; Globalstar stock rises

Earlier today, rumors surfaced online that the iPhone 13 will use Qualcomm’s X60 chipset and allow satellite connectivity on the phone. The X60 chipset is compatible with satellite communications and can work with satellite signals. For use case scenarios where the GSM signal is unavailable, satellite connectivity on the phone would serve well for communication and tracking purpose. The rumor remains unconfirmed as of now, but the buzz indicates that Apple may indeed be looking into augmenting the current mobile technology to imbibe satellite connectivity.

It is believed that the iPhone 13 will be able to connect to the low-earth orbit satellite for making satellite calls. This will make iPhone 13 as one of the first mainstream commercial mobile phone products to use satellite bands for phone communication.

Meanwhile stock price of Global Star went up by as much as 50 percent. Global Star stands to gain by providing satellite connectivity to the iPhone 13 devices. Globalstar is a satellite services’ provider and has 24 low earth orbit satellites. By leasing out satellite bands on these satellites, Globalstar can provide satellite connectivity to the iPhone 13 phones. The stock is up 47 percent over the previous day’s close and is trading above $2 a share right now.