Friday, 24 March, 2023

Samsung wins $6.6B network equipment deal from Verizon

<p>Samsung Electronics, on Monday, said it&rsquo;ll supply network equipment to US telecom giant Verizon for $6.6B, marking the largest network equipment supply deal in the history of S Korean giant. Samsung said it will supply network solutions, including 5G, for the next five years until December 2025. With the US mulling ban on Huawei, which topped as world&rsquo;s 5G equipment supplier, Samsung gets a huge market opportunity to flaunt its 5G equipment capabilities.</p>