Business this week

Ren Zhengfei, the founder and boss of Huawei, said he was considering selling his company’s 5G technology, which has become a source of tension between America and China. The Chinese maker of telecoms equipment has in effect been locked out of the American roll-out of 5G because of national-security concerns. Mr Zhengfei suggested Huawei would share 5G patents with a buyer, along with licences and codes, but it would continue to sell its own 5G equipment. See article.