SEOUL -- Samsung Electronics said Monday it has secured a 7.9 trillion won ($6.6 billion) order to supply 5G telecommunications equipment to Verizon Communications, paving the way for the South Korean giant to expand its presence in the U.S. as its Chinese rival, Huawei Technologies, remains locked out of the world's largest telecom market.
Huawei crackdown
Samsung wins $6.6bn order from Verizon for 5G telecom gear
South Korean giant expands presence in US as Huawei remains locked out
Samsung has inked a lucrative 5G telecom deal with U.S. wireless carrier Verizon. (Source photos by AP)
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