Huawei is ramping up investment into foreign universities, despite US lawmakers pressuring academic institutions to cut ties with the Chinese telecoms group.
“Our collaborations with universities, especially in basic research, not only will not stop, but will increase,” Huawei board director William Xu said in an interview on Friday, disclosing for the first time that Huawei spends more than $300m per year on university funding and partnerships.
Several elite universities in the US and UK, including Stanford and Oxford, have cut ties with Huawei and refused funding in recent months after the US government issued a criminal indictment accusing Huawei of stealing American technology and breaking US sanctions against Iran.
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