The move would appear to be an attempt to foster US infrastructure companies and let Huawei take some income from 5G markets where it is currently banned as a result of a US-China trade war.
"[Huawei is] open to sharing our 5G technologies and techniques with US companies, so that they can build up their own 5G industry," the New York Times quoted Ren, as saying. "This would create a balanced situation between China, the US and Europe."
In the Economist Ren said: "A balanced distribution of interests is conducive to Huawei's survival."
The licensing could be advantageous to Huawei in helping to establish polar codes as the de facto method of encoding data, an area in which Huawei has a strong patent position can could therefore take advantage.
However, observers said the offer is unlikely to be taken up because licensees would not have the engineering resources to scutinize the millions of lines of code to make sure it is free of trapdoors and that United States' main problem with Huawei is the strict legal obligations it operates under with the Chinese state. These mean it can be required to surrender tools and communications to which it has access.
Huawei has given assurances that it is a commercial company and has no intention of surrendering data.