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Samsung bags $6.6bn Verizon 5G equipment order as Huawei under sanctions

Samsung bags $6.6bn Verizon 5G equipment order as Huawei under sanctions

Samsung has won a $6.64bn order to provide wireless communication solutions to Verizon in US. This order improves Samsung’s global scenario for its network business as US has sanctions against its rival Huawei. Samsung winning the order from Verizon would boost companies expansion plan for its telecom equipment business globally, potentially giving leverage to negotiate with other countries.

Milan
Milan
John
John 2 weeks

Anything that hurts Huawei is a good thing in my book. They deserve it for betraying the trust of their customers by engaging in espionage.

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