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China's Huawei Reportedly Open to Selling 5G Chips to Apple

The Street logo The Street 6 days ago Simon Constable
a person talking on a cell phone: China's Huawei Reportedly Open to Selling 5G Chips to Apple© TheStreet China's Huawei Reportedly Open to Selling 5G Chips to Apple

China's Huawei Technologies said it was open to the idea of selling cutting-edge 5G chips to Apple, according to a report from CNBC.

Huawei, which is the world's largest manufacturer of networking gadgets, is a leader in 5G or so-called fifth generation smartphone technology.

"We are open to Apple in this regard," said Huawei founder and CEO Ren Zhengfei, in an interview with CNBC.

An agreement with Apple would mark a major change in strategy as in the past Huawei has used its chips solely in its own-brand smartphones, according to CNBC. The news also likely would be seen as a challenge to chipmakers Intel and Qualcomm.

Apple, the iPhone giant, has yet to release a 5G phone.

The U.S. has called Huawei a national security risk because it could help the Chinese government carry out espionage, CNBC noted. Huawei has denied those allegations.

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This article was originally published by TheStreet.

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