Huawei is ready to sell 5G technology to Western buyers

Huawei, its founder and CEO, Ren Zhengfei, said he would share 5G technology with potential Western buyers, according to an interview with The Economist.

Rein said Huawei was ready to give buyers permanent access to Huawei's current 5G patents, licenses, codes, technical plans and technical knowledge for a single payment.

Buyers are allowed to modify the source code, which means that neither Huawei nor the Chinese government will have virtual control of any communications infrastructure built using the new company's equipment.

Rennes comments come as China Telecom remains bogged down in the trade war between the two countries after being blacklisted in May for reasons of national security.

This has limited its efforts to bring the next generation of 5G technology to the world, as the United States claims that its equipment could be used for espionage by Chinese intelligence agencies.

According to the interview, Rennes aims to create a competitor capable of competing with Huawei in the field of 5G, so that Huawei retains its existing contracts and continues to sell its 5G range.

This, according to Rehn, helps to create common ground, as many Westerners fear that a Chinese company will equip most of the world's new mobile networks.

Despite Washington's recent decision to allow it additional time to purchase key components from US technology companies, the company could delay external sales of its smartphones from the series (Huawei Mate 30), for lack of access to Google services banned by the United States.

"The balanced distribution of interests leads to that Huawei remains," Rehn said in the interview.

According to a Reuters report, the US Department of Commerce has received more than 130 applications for licenses to sell US products to Huawei. However, the Trump administration has not yet granted any such licenses in the last two months.

Despite these difficulties, the Chinese company saw its global share of communication equipment reach 28.1% in the first half of this year and remains ahead of the market for 5G equipment, with 50 network contracts (5G).

Analysts warned against the future impact of the US trade embargo on Huawei's overseas operations, in particular, while the United States continues to put pressure on European countries for that they ban the company's equipment, citing national security concerns, which Huawei repeatedly denied and vehemently denied.