Huawei is in early-stage talks with some US telecoms companies about licensing its 5G network technology to them, Reuters reported Saturday citing a Huawei executive.
Some firms had expressed interest in both a long-term deal or a one-off transfer, said Vincent Pang, Huaweiโs senior vice president and board director.
He declined to name or quantify the companies but said:
There are some companies talking to us, but it would take a long journey to really finalize everything.
They have shown interest.
In May, Huawei was placed on a US blacklist over national security concerns, banning it from buying American-made parts without a special license.
Currently there are no US 5G providers and European rivals Ericsson and Nokia are generally more expensive.
Huawei's founder and CEO Ren Zhengfei said late last month that Huawei is willing to sign "no backdoor" agreements with every country worldwide, and is confident that the company can gain their trust.
"Some countries in Europe have already given us many opportunities. I think that's very tolerant and we're satisfiedโฆ I can't make everyone understand us," Ren added.
In spite of the US crackdown on Huawei on the global stage, a growing number of telecom carriers overseas have chosen the 5G equipment made by the Chinese company for their own interests.
Huawei has delivered more than 400,000 5G base stations, of which more than 300,000 were shipped after May 16 when it was added into the US entity list, Yang Chaobin, president of Huawei's 5G product line, said this week.
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