The
official website for the Beidou network said in a statement that
problems were detected during pre-launch tests of the Long
March-3B booster and that the new launch date would be
determined later. It did not offer specifics on the problems or
the launch date.
The Beidou-3 satellite was expected to be the 35th and final
satellite of the Chinese navigation system - an estimated $10
billion project meant to be Beijing's answer to the U.S.-owned
Global Positioning System.
When completed, China says, the system will keep military
communications secure and improve weapons targeting, especially
in the Asia-Pacific region.
Beidou also has major civilian applications. More than 70% of
mobile phones in China were Beidou-enabled as of 2019, state
media reported, including models made by Huawei [HWT.UL], Oppo,
Xiaomi, Vivo and Samsung. Millions of taxis, buses and trucks
use Beidou signals.
China's satellite navigation sector may top 400 billion yuan
($57 billion) in value this year, Chinese state media have
reported.
(Reporting by Se Young Lee. Editing by Gerry Doyle)
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