September 26, 2019 / 7:43 AM / 10 months ago

Huawei CEO says willing to license 5G tech to U.S. firm

HONG KONG, Sept 26 (Reuters) - China’s Huawei Technologies Co Ltd founder and CEO Ren Zhengfei said on Thursday the company is willing to license its 5G mobile technology to a U.S. company, as the telecoms gear maker seeks to alleviate security concerns over its products.

Ren also told reporters that he was not afraid of creating a rival and the offer could also include chip design know-how.

His remarks come after Ren said this month that he is open to selling the firm’s 5G technology - including patents, code, blueprints, production know-how - to Western firms for a one-off fee. (Reporting by Sijia Jiang; editing by Jason Neely)

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