Verizon

Samsung Electronics' Network Business Division has started production of telecom equipment for a 7.9 trillion won supply contract with Verizon signed in September 2020. Initial small-volume production began in December 2020, with mass production planned for Q2 2021.

Samsung Electronics has secured a five-year deal worth $6.64 billion to provide 5G mobile telecom equipment and network solutions to Verizon in the United States.

Corning struck a $1-billion-a-year optical solutions purchase agreement with Verizon to support the telco's wireline broadband and future wireless expansion. Corning plans to invest more than $250 million in its optical fiber, cable and solutions manufacturing facilities to fulfill the contract.