Business Maverick: Samsung Wins $6.6 billion 5G Verizon Deal While Huawei Struggles

The Samsung contract was finalized Friday and is valid from June 30 through December 2025, it said in a regulatory filing.

The deal marks one of Samsung’s biggest 5G contracts since Korea’s largest corporation decided years ago to invest in networking and compete with global players like Nokia and Ericsson in providing telecom equipment. It should lift Samsung’s market share in the wireless industry at a time leader Huawei Technologies Co. is grappling with U.S. sanctions and Washington’s effort to get allies around the world to shut out the Chinese company.

Samsung, the world’s largest memory chip and electronics gadget maker, has been pushing hard to expand its market share in the 5G equipment market and investing in

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Business Maverick: Elon Musk’s Option Haul Swells to Almost $9 Billion With Third PayoutTesla Inc.’s stock setback this week wasn’t enough to hinder Elon Musk’s improbable payouts, now amounting to a staggering $8.8 billion.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »

Business Maverick: Germany Uses Novichok as Leverage With Kremlin Over Gas PipelineChancellor Angela Merkel’s top diplomat warned Russia that Germany’s support for the Nord Stream 2 gas pipeline is at risk if the Kremlin doesn’t assist in clarifying the poisoning of dissident Alexey Navalny.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »