Business

Samsung Elec wins $6.7 billion Verizon order for network equipment

SEOUL (Reuters) – Samsung Electronics (005930.KS) said on Monday its U.S. unit won a 7.9 trillion won ($6.7 billion) order to provide wireless communication solutions to Verizon (VZ.N) in the United States. The order is for network equipment, a Samsung spokesman said, but declined to comment on detailed terms the contract, such as the portion […]