According to a recent BusinessStandard report, the Chinese company, which also commands the highest number of patents for 5G technology, made the statement back on Wednesday. According to Huawei’s Founder and CEO, Ren Zhengfei, “We are open to transferring all of our 5G technologies, not just licensing production to others. This will include source programmes and source code to all the hardware design secrets as well as the know-how, and the chip design.”
The senior executive revealed this during the opening ceremony of the intelligent mining innovation lab in Taiyuan. Over the last several months, a few regions like the US, Australia, the UK, and some European nations have banned the company from selling its 5G equipment to local telecom operators over alleged security risks. Huawei has actively denied any allegations and has even called for open trade policies.
Ren further stated that “Both the US and China need to develop their economies, as this is good for our society and financial balance. Everyone needs this. As humanity keeps making progress, no company can develop a globalized industry alone. It requires concerted efforts around the world.”
The statement from Huawei is likely to create transparency between the OEM and various governments, since it has been accused of being a front for the Chinese government and its interests on multiple occasions.