Huawei CEO Has an Elaborate Plan to Create a 5G Rival in the U.S.

Huawei CEO Has an Elaborate Plan to Create a 5G Rival in the U.S.

Huawei Technologies Co Ltd. is willing to license its 5G cellular networking technology to another rival company for a one-time fee—provided that company is American.

Huawei founder and CEO Ren Zhengfei said on Thursday that his company is offering an exclusive license for one U.S. company to use his firm’s fifth-generation software, which ensures lightning-fast connectivity up to 100 times faster than current 4G network speeds.

Ren, speaking at an event in Huawei’s Shenzhen headquarters, said the company that receives the license should be from the U.S. because Europe, Japan, and South Korea already have 5G capabilities, whereas the U.S. has […]

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