Huawei plans to spend more than $300 a year in research funding for universities, a senior company executive said on Tuesday, even as the Chinese firm fights a U.S. trade ban from that has hurt its business and academia tie-ups.
William Xu, president of the telecommunications equipment maker’s institute of strategic research, made the comments at a company event in the southwestern Chinese city of Chengdu.
The Massachusetts Institute of Technology in the United States cut ties with Huawei earlier this year after U.S. authorities started investigating the firm for alleged sanctions violations while Britain’s Oxford University stopped accepting funding from Huawei last year.
Xu said it was only a few institutions which had suspended their ties with the firm and that Huawei would allocate funding to institutions where the company was still welcomed.
He also said the firm shipped more than 200,000 fifth-generation (5G) network telecommunication base stations to markets around the world