White House to host Huawei rivals at 5G meeting, Kudlow says

The White House plans to hold a conference with Huawei Technologies Co rivals to try to accelerate development of affordable competing 5G wireless technology, President Donald Trump's top economic adviser said Friday.[WASHINGTON] The White House plans to hold a conference with Huawei Technologies Co rivals to try to accelerate development of affordable competing 5G wireless technology, President Donald Trump's top economic adviser said Friday.

"We're working carefully, closely with Nokia and Ericsson," National Economic Council director Larry Kudlow told reporters."We're going to be holding some kind of a conference in about a month. I'm sure the president would join us in part, that would include Samsung, that will include all of our guys."

He later told Fox Business that the meeting"might take place" in early April, and that companies including AT&T Inc, Verizon Communications Inc and Qualcomm Inc would be represented. The US has engaged in a campaign to persuade other countries not to use Huawei equipment in emerging 5G networks, but the effort has faltered due to a lack of competing technology.

Attorney general William Barr suggested recently the US government or American companies should consider investing in Huawei competitors Nokia Oyj of Finland and Ericsson AB of Sweden to try to prevent the Chinese company's technology from being widely adopted.

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