Huawei plans to provide universities $300M in financing each year regardless of United States trade restriction


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Huawei’s stretched relationship with some universities isn’t stopping it from providing research study financing financing to others, a report stated.

Érika García / CNET

Huawei prepares to provide universities $300 million a year in research study financing, Reuters reported, after a number of significant United States organizations severed links with the questionable Chinese business previously this year. William Xu, the head of Huawei’s institute of tactical research study, stated the financing would go to universities where links have actually been preserved.

“This amount is only going to increase, not decrease from now on,” Xu stated.

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Massachusetts Institute of Technology, University of California institutions and Britain’s Oxford University were among the colleges that cut ties with Huawei, ZTE and other Chinese telecoms in response to President Donald Trump signing the National Defense Authorization Act last August. A provision of the act bans federal funding recipients from using equipment from certain companies.

Xu also noted that Huawei shipped more than 200,000 5G base stations to markets around the world, even though the US pushed its allies to avoid using the company’s next-generation wireless technology.

Huawei didn’t immediately respond to a request for comment.

First published at 3:35 a.m. PT.
Updated at 4 a.m. PT: Adds more detail.

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