World’s No. 1 telecommunication gear manufacturer, Huawei Technologies, headquartered in Shenzhen, had been in an early-stage talk with some of the US telco companies over licensing its fifth-generation network technology to them amid a blacklist inclined by the US President Donald Trump and his administration, roughly two months earlier over concerns of espionage on behalf of China, an allegation the blacklisted Chinese tech conglomerate had repeatedly denied, a Huawei executive directly briefed over the subject-matter had unveiled on Friday, the 18th of October 2019.
On top of that, despite a USTR (US Trade Representative) blacklist barring China’s Huawei to purchase critical US supplies, adding that some US tech firms had shown interest to a long-term deal with the Chinese telco gear maker, the senior vice president and board director of the company, said on Friday in Washington (October 18th), “There are some companies talking to us, but it would take a long journey to really finalize everything.
They have shown interest. ” Although the Huawei official had declined to reveal the names of US companies interested on purchasing Huawei’s fifth-generation technology, USTR would unlikely to allow a deal with the blacklisted Huawei.
Nonetheless, as of now, any US chipmaker had yet to develop a fully-operational fifth-generation networking technology, while Huawei’s European rivals such as Ericsson’s alongside Nokia’s 5G networking tech appeared to be more expensive, which in effect would leave the US-based tech firms out of options, suggested analysts.