Prior to 2019, Huawei was set to supply various countries around the world with the technology needed to launch 5G networks, but the US government, vary of the potential of the Chinese government spying on its citizens, decided to prevent this from happening and called upon its allies to do the same.
Now in a bid to still do business with the US, Huawei's CEO Ren Zhengfei, has extended an olive branch to the US government by offering them its 5G technology to license, which in turn will allow the US government to build up their own 5G infrastructure. This is according to an interview that Ren did with the New York Times. The CEO was quoted as saying:
"Huawei is open to sharing our 5G technologies and techniques with U.S. companies, so that they can build up their own 5G industry. That would create a balanced situation between China, the U.S. and Europe."
He goes on to claim that Huawei would even allow US companies looking to license its technology to modify the software code used in the company's 5G equipment. The idea is that this will help allay fears that Huawei's technology could somehow be used by the Chinese government to spy on other countries, something that Huawei has long denied that it could.
To sweeten the proposal, Huawei also said that US companies that licenses its tech would in turn be able to sell their 5G products in other countries as well. This is a very generous deal, but whether or not the US government will take Huawei up on it remains to be seen.
Source: New York Times
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