Huawei founder Ren Zhengfei has remained defiant towards US moves against his company, saying the US "underestimates" its abilities. Speaking to Chinese state media, Mr Ren downplayed the impact of recent US curbs and said no-one could catch up to its 5G technology in the near future. "The current practice of US politicians underestimates our strength," Mr Ren said, according to transcripts from state media. "The current practice of US politicians underestimates our strength," Mr Ren said, according to transcripts from state media. Still, Mr Ren played down the significance of the move, saying that Huawei had already made preparations ahead of the US restrictions.

Source: The Star May 21, 2019 04:52 UTC