Chinese tech giant Huawei is willing to exclusively license its 5G technology to one American firm to create a level playing field for competitors, CEO Ren Zhengfei said on Thursday.
"But the U.S. currently does not have something like this," Ren said, according to a translation verified by CNBC. "I think that we should give exclusive license with one U.S. company. After getting a license, they will be able to take our technology to compete with markets around the world."
The license would include Huawei's proprietary 5G tech including source code, hardware, software, verification, production, and manufacturing know-how, according to the business leader. "All of these are included in the package, and if they need it, we can also license the design of the chipsets.". If it licenses its 5G technology, it could open new revenue streams for the company.
Ren explained that he thinks the race to develop 5G should start from a level playing field. "We want to give everyone the same starting point," he said but added that he was confident his company could then take the lead as developments continue.for its mobile devices as part of its efforts to ramp up its chip technology business.United States
, Japan, and Australia — have banned the company from participating in 5G development within their borders. Washington has alleged that Huawei's 5G tech could enable Chinese espionage and has urged allies to ban the company. Huawei has repeatedly denied that its products represent any risks.
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