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Huawei CEO says it is willing to license the 5G technology is an AMERICAN company

FILE PHOTO: mobile phone Huawei logo is pictured at the IFA consumer tech trade show in Berlin, Germany, on 6 September, 2019 at the latest. REUTERS/Hannibal Hanschke/File Photo

HONG KONG (Reuters) – Huawei Technologies Co., Ltd, founder and CEO, Ren Zhengfei, said on Thursday the company is willing to take a license for the 5G mobile technology, a U.S. company, or if they are trying to alleviate security concerns about its products.

Ren told reporters that he was not afraid to make a rival to the advantage of Smartphone technology and make it available to its competitors, and it can also be a chip design know-how.

Huawei, the world’s largest telecom gear maker, was on a U.S. trade blacklist in May, over concerns that the devices could be used by Beijing to spy on you. Huawei has repeatedly denied such allegations.

The sanctions imposed cut-off of Huawei’s access to key US technologies. With the latest version of its ner’s 30’s flagship phone, was unveiled last week in Europe, and it won’t come with Google Mobile Services.

Ren’s comments come after he said this month that he was open to the sale by the company of the 5G technology, including patents, code, illustrations, blueprints, and production know-how, to a Western company to a non-recurring charge.

It has been proposed to have a licence from the 5G technology is the latest attempt by Huawei, also the world’s No. 2 mobile phone vendor, in order to minimize the impact of the U.S. trade ban. He was expecting a hit of some $10 billion in revenues from the telephone company this year.

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

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