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Huawei CEO says willing to licence 5G technology to a U.S. firm

Huawei CEO says willing to licence 5G technology to a U.S. firm
FILE PHOTO: Huawei founder Ren Zhengfei attends a panel discussion at the company headquarters in Shenzhen, Guangdong province, China June 17, 2019. REUTERS/Aly Song -
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ALY SONG(Reuters)
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HONGKONG (Reuters) – Huawei Technologies Co Ltd founder and CEO Ren Zhengfei said on Thursday the company is willing to licence its 5G mobile technology to a U.S. firm, as it seeks to alleviate security concerns over its products.

Ren told reporters he was not afraid of creating a rival by making Huawei’s technology available to competitors, and the offer could also include chip design know-how.

Huawei, the world’s largest telecoms gear maker, has been on a U.S. trade blacklist since May over concerns that its equipment could be used by Beijing to spy. Huawei has repeatedly denied such allegations.

The sanctions cut off Huawei’s access to essential U.S. technologies. The latest version of its Mate 30 flagship phone, unveiled last week in Europe, will not come with Google Mobile Services.

Ren’s remarks come after he said this month that he is open to selling the firm’s 5G technology – including patents, code, blueprints and production know-how – to Western firms for a one-off fee.

The offer to licence out 5G technology marks the latest attempt by Huawei, also the world’s No.2 smartphone vendor, to minimise the impact of the U.S. trade ban. It expects a hit of some $10 billion to revenue from its phone business this year.

(Reporting by Sijia Jiang; Editing by Jason Neely and Edwina Gibbs)

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