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CEO of Huawei: 90 days license doesn't mean much, Huawei is ready

The 90-day general license for Huawei "means nothing" and Huawei is fully prepared, Huawei CEO Ren Zhengfei said on Tuesday.

Ren made a statement in a group interview with China Media Group, adding that Huawei was grateful for the U.S. company's contribution. to them, and many of their advisors are from U.S. companies. like IBM.

"We received control of the entity from the US a year ago, but this has nothing to do with U.S. companies, U.S. politicians are to blame, and their actions underestimate our strength," Ren said.

Ren also expressed his belief in the competency of 5G Huawei, saying Huawei's 5G would not be affected by the restrictions.

He estimates that no other party will be able to catch up with the company in 5G technology in the next two to three years.

U.S. Chip still the choice of Huawei

The CEO stressed the company would not be reckless or narrow to exclude the use of U.S. chips, and at the same time appealed for the general development of chip technology.

He said in "peacetime," half of their chips were from the US, with the rest made by companies and Huawei would not be isolated from the world.

"We can make the same chip as U.S. colleagues. However, that does not mean we will not buy U.S. chips.

"We need to learn from US technology in terms of width and depth, but in the 5G field, Huawei is at the forefront even though it cannot be denied that there is still a big gap between China and the US in the whole," he said.

"We sacrifice ourselves and our families to pursue a dream to stand on the top of the world, which will collide with the US sooner or later," Ren said.

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