The US ban on Huawei doing business with US companies is still very much in effect. One of the side-effects of this is that Huawei will not be able to provide 5G infrastructure to US companies, which some other countries have claimed could hinder the growth and adoption of 5G.
It might seem that Huawei could be in trouble as a company, but there is some good news on that front. According to a report from Reuters, it looks like Huawei is in talks to license its 5G tech to US companies, which means that these US companies will be able to build 5G equipment, while Huawei continues to do business with them.
This is actually not the first time we’ve heard about this, as back in September, Huawei’s CEO stated that they would be more than happy to license its tech to US firms. The idea is that this will help prove that they are not the security risk the government thinks they are, as it would allow others to take a look at their technology and assess whether or not it poses a threat to national security.
According to Huawei executive Vincent Pang, he acknowledged that the company is currently in talks with several other US based firms and that the interest is there, but noted that it could be a while before anything is truly finalized.