 DASAN Zhone Solutions, Inc. NSDQ: DZSI or DZS, a leading enabler of the emerging hyper-connected, hyper-broadband world, is proud to announce a new three-year, 66 million contract to supply LG U with Fiber-to-the-Home solutions and switches, including co-development of ultra-low latency 100 Gbps mobile backhaul switches for 5G mobile services. Starting June 1, 2020, this contract secures the position of DZS as a strategic supplier to LG U and provides the opportunity to continue to develop new business with them in the future. LG U continues to be one of the worlds most innovative and agile operators, and we are honored to be a close strategic supplier to them, said Yung Kim, Chief Executive Officer, DZS. 