The other view – from un-named security sources - is that such a deal would provide only a limited window into the highly-secretive firm and that it would be difficult to write and enforce those conditions.
So, Huawei’s US future depends on the outcome of that debate, says the FT, which has also reported that the company is pouring resources into its Washington lobbying effort.
On the other side of the coin, western firms are extremely anxious about China’s indigenous innovation program, which they see at best as a form of protectionism, at worst a plan to steal their know-how.
In other words, when it comes to hi-tech trade and investment across the Pacific, politics rules.
I’d suggest Huawei’s progress, if there is to be any, will depend on a high-level deal between Washington and Beijing. Just don’t hold your breath expecting one.