Huawei founder says US government underestimates company strength

Huawei founder Ren Zhengfei has remained defiant towards US moves against his company.

Ren Zhengfai said the US was underestimating the abilities of Huawei.

He said this while speaking with Chinese state media.

He downplayed the impact of recent US curbs and said no one could catch up to its 5g technology in the near future.

Last week the US added Huawei to a list of companies that American firms can not trade with unless they have a license.