"Even if there is an insufficient supply from our partners, we will face no problems".
The strong remarks came after U.S. President Donald Trump imposed a ban on Chinese tech giant Huawei's business operations in the U.S. market and cut off its deals with American suppliers.
The US Department of Commerce gave Huawei a temporary license to continue operating its networks and devices, which also allowed Google to work with the company again, for the 90 days that it has the license.
While the Chinese company denies the allegations, other countries such as Australia and New Zealand also have blocked the Shenzhen-based firm from bidding for critical contracts due to national security concerns.
China's communications firm Huawei has been accused by Washington of spying for the Chinese government.
As European countries including the UK, France, Germany, and others follow suit with the United States, enacting bans and tighter regulations on telco equipment and devices, Huawei's sales growth may take a hit.
At least publicly, Huawei says it's prepared. Huawei's founder shot back that the USA "underestimates" Huawei.
Rep. Nadler appears to 'almost pass out,' gets medical assistance at event
Glad to receive fluids and am feeling much better. "Thank you for your thoughts", he wrote. He was speaking and appeared alert, telling people near him that he was OK.
However, despite the ongoing USA campaign to hinder Huawei's global expansion, President Donald Trump has mulled the possibility of including Huawei in a future trade deal with China.
Last week, the U.S. government issued a total ban of Huawei from working with American companies, thus forcing Google to briefly revoke Huaweis license to use Androids Google Play Services and blocking it from the Android Q beta program.
Last week, the US government placed Huawei under a blacklist, restricting trade with a list of American companies, unless they had a government approved license. Both companies are estimated to get about 10 per cent of their sales from Huawei, according to Mizuho Securities Co. The Trump administration softened its stance slightly this week by granting the firm a licence to buy USA goods until Aug 19 to minimise disruption for customers.
China is not taking the attack on Huawei lying down.
The state-owned China Daily newspaper said U.S. concerns about Chinese surveillance equipment maker Hikvision were for the self-serving aim of claiming the "moral high ground" to promote Washington's political agenda.
"US politicians might have underestimated our strengths.Our company will not end up with an extreme supply shortage". Countries such as Japan, Australia, and New Zealand also have full or partial bans in effect on various Huawei products. We are making progress in bidding worldwide.
"We will closely monitor relevant developments and prepare necessary responses". Huawei spent $70 billion buying components in 2018 out of which $11 billion was spent on buying components from United States firms including Micron Technology, Qualcomm, and Intel.
Panasonic Corp (OTC: PCRFY) said on Friday that it has not stopped shipping components to Huawei Technologies, a day after the Company originally called for a halt of transactions in line with the US blacklist bank, according to Reuters. Now, chip designer ARM has also reportedly backed from supporting Huawei, as mentioned by BBC.