Hon Hai Precision Industry Co (????) is exploring new business opportunities in technologies related to low Earth orbit (LEO) and smart car connectivity, the company said yesterday. Hon Hai chairman Young Liu (???) last week said that an LEO satellite from Hon Hai might be seen in the sky next year, as the company aims to create more value and higher returns for its shareholders, while the firm told yesterday’s forum that Microelectronics Technology Inc (????), a 5G equipment and satellite component supplier that it fully owns via its subsidiaries, has tapped into the LEO satellite receiver market. At the…