While Samsung Electronics Co. has become synonymous with technology in South Korea, a controversial rival could upstage it in the race to build fifth-generation wireless networks in its own backyard.
Huawei Technologies Co., the Chinese company slammed in the U.S. Congress as a security threat, is in the running to supply equipment to all three of South Korea’s national mobile carriers. At stake: initial contracts that could be worth 10 trillion won ($9 billion).
As South Korea pushes to become the first nation to roll out 5G networks, suppliers from around the world are vying to sell switches, base stations and other