Huawei ready for 'worst-case scenario'

Easing of restrictions doesn't mean much, founder of telecom company says

As Huawei Technologies Co faces arguably its biggest challenge in its 30-year-plus history, the company's 74-year-old founder Ren Zhengfei wants to show the world that Huawei is prepared for a worst-case scenario.

Instead of responding to the US-led crackdown on Huawei with anger, Ren, who is also the CEO of Huawei, said he is still of firm belief that global cooperation is a must to take the telecom industry forward.