The US in understimating Huawei, says founder Ren zhengfei

Huawei Founder Ren Zhengfei has downplayed the impact of the US executive order that cripple Huawei's ability to collaborate with American companies like Google.
In comments to Chinese media gathered at the company's Shenzhen headquarters, reported on by global Times state newspaper, Ren says the 90-day extension to normal business relations granted by US won't make much difference to Huawei due to the company's existing contingency plans.
In such a critical moment, I am grateful to US companies, as they have contributed a lot to Huawei's development and showed their conscientiousness on the matter.
As far as i know, US companies have been making effort to persuade the the US government to let them cooperate with Huawei...
We always need US-developed chipsets, and we can not exclude American products with a narrow mind.
Supporting Huawei does not necessarily mean that you should buy a Huawei phone.
Ren says trade restrictions won't affect Huawei 5G rollout and don't expect anyone to catch up the company's technique in the next two to three years.