Huawei founder says US is underestimating the company

Huawei founder says US is underestimating the company

Huawei founder Ren Zhengfei has down played the impact of the US executive order that could cripple Huawei’s ability to collaborate with American companies like Google and Qualcomm.

Ren said that the trade restrictions would not affect Huawei’s 5G rollout and does not expect anyone to catch up to the company’s technology in the next two to three years.

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In an interview with CCTV, Zhengfei said that the current practice of US politicians underestimates our strength. He added that the company has a stockpile of chips and “can’t be isolated” from the world.

“The 90-day extension to normal business relations granted by the US won’t make much difference to Huawei due to the company’s existing contingency plan,” he said.

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