[Featured Stock] Samsung Electronics Rises on Large-Scale Order Contract with US Telecom Company
[Asia Economy Reporter Hwang Yoon-joo] Samsung Electronics is on the rise following news of winning a 5G communication equipment contract with a US mobile carrier.
As of 9:44 AM on the 4th, Samsung Electronics is trading at 68,200 KRW, up 1.04% (700 KRW) from the previous day.
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Samsung Electronics announced that it has been selected as the major 5G communication equipment supplier for the fourth largest US mobile carrier, DISH Network. The contract is reported to be worth approximately 1 trillion KRW. This contract is the second largest in Samsung Electronics' history of 5G equipment orders in the US.
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