Huawei considers selling its 5G patents, licenses to Western buyer: Reports
Chinese vendor Huawei’s founder and CEO Ren Zhengfei has proposed selling the company’s current 5G know-how to a Western company as a way to address security concerns by the U.S. and other Western countries, according to interviews published by The Economist and The New York Times.
Ren told the news outlets that the potential buyer will have access to Huawei’s existing 5G patents, licenses, code, technical blueprints and production knowledge for a one-time fee. In the interview published by The Economist, Ren added that they buyer will be also free to change the software code of 5G products.
The U.S. and Australia have banned Huawei from deploying its 5G gear in 5G networks due to concerns that the Chinese government use the equipment for spying purposes. The U.K. government is still weighing a decision about a potential involvement of Huawei in 5G contracts and plans to make a final decision in the short term.
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