Highlights of remarks by Ren Zhengfei, founder and CEO of Huawei

The US government's 90-day extension "doesn't mean much".

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.

Huawei's 5G plan will not be affected by the US ban.

Don't fan nationalist sentiment.

Ren Zhengfei, founder and CEO of Huawei, 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 gave Huawei a 90-day license to purchase US technologies to maintain existing networks and provide software updates to existing Huawei handsets. That marks a delay of the ban on US technology exports to Huawei.