Ren Zhengfei, founder and CEO of Huawei, gestures during a round table meeting with the media in Shenzhen city, South China's Guangdong province, Jan 15, 2019. (PHOTO / IC)
Ren Zhengfei, founder and CEO of Huawei Technologies Co Ltd, said on Tuesday that the US government's 90-day extension "doesn't mean much", adding that the company was ready to deal with the ban.
Ren's comments came after the US Commerce Department said on Monday that it will allow Huawei to purchase US technologies to maintain existing networks and provide software updates to existing Huawei handsets.
The rollback is in effect for 90 days. That marks a delay of the ban on US technology exports to Huawei.
Ren Zhengfei, founder and CEO of Huawei, told the Chinese media that Huawei's 5G plan will not be affected by the US ban and his company will not exclude US chips
Ren said in an interview with Chinese media in Shenzhen on Tuesday that "We are very grateful to the US companies. They have made a lot of contributions to us. Many of our consultants are from American companies such as IBM.
"We can make chips as good as those made by US companies, but it does not mean that we will not buy chips from them," Ren added.
He said the company will not exclude US chips. "Instead, we should grow together. But if there is a supply shortage, we have a backup. In the "peace period", half of our chips are from the US companies and half from Huawei. We cannot be isolated from the world."
Ren also highlighted that Huawei's 5G plan will not be affected by the US ban. "Others will definitely not be able to catch up with Huawei in 5G technologies for two or three years," he said.
At present, the ban will have an impact on Huawei's low-end products, Ren said.
Huawei should not be restricted just because of its leading technology position, said Ren.
"Our work is to benefit the whole humankind," he said, adding that Huawei's 5G equipment would greatly reduce the cost of the global telecom networks construction.
Ren said Europe maintains close communications with Huawei and some features of 5G are very suitable for the rollout of the superfast technology in Europe. For instance, 5G capacity is 20 times that of 4G, and its power consumption 10 times less. "We also use materials that will not corrode for decades, and these characteristics are very suitable for Europe."
Ren said the US technologies are still worth learning in both their depth and width. Many small US companies have super-precision products.
"But in our business (5G), Huawei is at the forefront, though when it comes to comparison between countries, we are still far behind the United States," Ren added.
With Xinhua inputs
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