Huawei not in talks with any US companies to license 5G: CEO Zhengfei

Huawei Technologies Co Ltd is not yet directly engaged with any U.S. company over the firm’s proposal to ease concerns about the security of its platform by licensing its 5G network technology, its founder and CEO Ren Zhengfei said on Wednesday.

A Huawei executive told Reuters in October that the company was in early stage talks with some U.S. telecoms companies about licensing its technology but warned that conversations were at an early stage and would likely take a long time to conclude.

The idea of a one-off fee in exchange for access to Huawei’s 5G patents, licenses, code and know-how was first floated by Ren in interviews with the New York Times and the Economist in September. But it was not clear whether there was any interest from U.S. companies.