Huawei founder says US government is underestimating the company

The U.S. government`s temporary easing of trade restrictions on Huawei Technologies bears little meaning on the company as the Chinese firm has made preparations, Huawei`s founder Ren Zhengfei said.

Huawei`s founder Ren Zhengfei said that Huawei`s 5G would not be affected and predicted that no other parties would be able to catch up with the company in 5G technology in the next 2-3 years. Image source: Reuters

The U.S. government`s temporary easing of trade restrictions on Huawei Technologies bears little meaning on the company as the Chinese firm has made preparations, Huawei`s founder Ren Zhengfei told state broadcaster CCTV on Tuesday in an interview.

He said that Huawei`s 5G would not be affected and predicted that no other parties would be able to catch up with the company in 5G technology in the next 2-3 years, adding that the U.S. government was underestimating Huawei`s capabilities.

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