Samsung and 5G: order worth 6.6 billion dollars
Samsung has announced an important victory in the 5G market: a contract worth over 6 billion dollars has been finalized for the development of a 5G network commissioned by the US provider Verizon Communications.
At the moment no further details are available on the order, except that the contract will be in place until the end of 2025 and that, According to Bloomberg, today represents one of the most important opportunities for Samsung after the decision to take the field in fifth generation connectivity. A victory that is also symbolic, since after years of research it is now time to monetize all the prospects that 5G brings with it: with Verizon, Samsung confirms both its good position in this market and the strategic role that the company has had to have since Trump placed obstacles in the way of Huawei.
Samsung to develop 5G by Verizon
As is known, Huawei was out of the game and had no cards to play in order to access this opportunity, but at the same time Samsung managed to make its way between challengers of the caliber of Nokia and Ericsson, both certainly highly rated on the in the face of new generation networks.At the moment no further details are available on the order, except that the contract will be in place until the end of 2025 and that, According to Bloomberg, today represents one of the most important opportunities for Samsung after the decision to take the field in fifth generation connectivity. A victory that is also symbolic, since after years of research it is now time to monetize all the prospects that 5G brings with it: with Verizon, Samsung confirms both its good position in this market and the strategic role that the company has had to have since Trump placed obstacles in the way of Huawei.