Huawei’s Founder: US’s temporary reprieve does not mean much for Huawei

The US Commerce Department on Monday gave a temporary 90-day license to China’s tech giant Huawei that will allow operations to continue for existing Huawei mobile phone users and rural broadband networks. 

Huawei founder Ren Ahengfei, however, is not impressed with the temporary reprieve, according to China State Media reports. 

Ahengfie has reportedly said that the 90-day temporary license does not mean much and that Huawei has made preparations regarding the latest US actions. 

Key quotes

• US government is underestimating Huawei's capabilities 
• We have faced US restrictions since a year earlier
• The issue is with the US government, not with US firms