Huawei plans selling access to its 5G tech: Report

by IANS |

London, Sep 13 (IANS) Amid the US-China trade war, Huawei has disclosed that the company is willing to share its know-how of existing 5G technology for a fee with a western firm.

The proposal, made by Huawei Founder and CEO Ren Zhengfei, in interviews with The Economist and the New York Times, is seen as a move to put concerns about the security of the company's 5G technology to rest.

According to a report in the BBC, while the US and Australia have banned their networks from using Huawei's equipment, the UK is still weighing a decision.

Huawei has repeatedly denied accusations of spying for the Chinese government.

"(Huawei is) open to sharing our 5G technologies and techniques with US companies, so that they can build up their own 5G industry," the NYT quoted Ren as saying.

"This would create a balanced situation between China, the US and Europe."

He noted that Huawei would be looking for a buyer based outside Asia, somewhere in the West.

In the interview to The Economist, Ren said that for a one-off payment a buyer would be given access to the company's portfolio of huge 5G patents, licences, code, technical blueprints as well as production expertise.

Latest News
Rafah border crossing remains open for aid, passengers: Egypt Mon, May 06, 2024, 05:04 PM
Russia announces tactical nuclear forces exercises Mon, May 06, 2024, 05:02 PM
HM Amit Shah's doctored video: Delhi court sends Arun Reddy to 1-day judicial custody Mon, May 06, 2024, 05:00 PM
Reports of NEET UG paper leak completely baseless: NTA Mon, May 06, 2024, 04:31 PM
Israelis observe Holocaust Remembrance Day amid conflict with Hamas Mon, May 06, 2024, 04:29 PM
Six killed in Ukraine drone attack in border region: Russian authorities Mon, May 06, 2024, 04:28 PM
Fierce battle on the cards in Telangana's Karimnagar Mon, May 06, 2024, 04:24 PM
Thank you, sir, for ensuring the timely delivery of our full salary. Your support is deeply appreciated and makes a significant difference in our lives Mon, May 06, 2024, 03:55 PM
Israel begins Rafah evacuation ahead of planned military operation Mon, May 06, 2024, 03:53 PM
Jordan conducts 5 more airdrops of aid in Gaza Mon, May 06, 2024, 03:50 PM
HCLTech partners AWS to accelerate GenAI adoption Mon, May 06, 2024, 03:42 PM
India, Ghana agree to operationalise UPI link within 6 months Mon, May 06, 2024, 03:32 PM
MP: Over 5L first-time voters to exercise franchise in phase 3 of LS polls Mon, May 06, 2024, 03:18 PM
Constituency Watch: For BJP it's fight for consolidation while Congress sees an opportunity to regain past glory in Nandurbar Mon, May 06, 2024, 02:59 PM
'BJP CM will take oath in Odisha on June 10', roars PM Modi at Berhampur rally Mon, May 06, 2024, 02:43 PM