The University of Oxford has decided to forgo further funding from Chinese technology giant Huawei Technologies Co (華為) as scrutiny grows in Europe over the company’s relationship with the government in Beijing.
Huawei has been under fire in recent months with the arrests of a top executive in Canada and an employee in Poland, along with a worldwide campaign by Washington to blacklist its equipment.
In the latest blow for the company, the University of Oxford said it had decided it would “not pursue new funding opportunities” for both research contracts or philanthropic donations from Huawei and related companies — though existing projects would continue.
“We currently have two such ongoing projects, with a combined funding from Huawei of ￡692,000” (US$896,634), a university spokesman said on Thursday, adding that Huawei had been informed of the decision to turn away future funding.
Oxford said it had made the decision in “light of public concerns raised in recent months surrounding UK partnerships with Huawei.”
However, a Huawei spokesman said the company had not been informed and would “await the university’s full explanation.”
“We have operated in the UK since 2001, employ 1,500 people here and have long standing research collaborations with 20 other UK universities working to develop the technologies of the future,” the spokesman said.
Huawei faces unprecedented challenges to its business amid a global campaign by Washington to push nations to reconsider using the company’s equipment in their 5G telecom networks over security concerns.
Australia and New Zealand banned its gear last year and a top British operator has moved to remove its existing equipment, while concerns grow in Canada, Japan, France, Germany, Poland, the Czech Republic and other nations.
Huawei’s reclusive founder Ren Zhengfei (任正非) stepped out of the shadows this week to give a rare media interview, forcefully denying accusations that his firm engaged in espionage on behalf of the Chinese government.
The company fired the Chinese employee in Poland who was arrested on espionage allegations.
Ren’s daughter and Huawei chief financial officer Meng Wanzhou (孟晚舟) was detained in Canada last month on US fraud charges related to Iran sanctions breaches.
Softbank Group Corp plans to keep a stake in the chip designer Arm Ltd, even if it sells a partial interest to Nvidia Corp, the Nikkei reported. The companies are negotiating terms, the newspaper reported, citing sources. Softbank might take a stake in Nvidia after it buys Arm, the report said. Nvidia and Arm might also merge through a share swap, and Softbank would become a major shareholder in the combined company, it said. The two parties aim to reach a deal in the next few weeks, the sources said, asking not to be identified because the information is private. Nvidia is the
END TO SPECULATION: The hotel’s management contract has been extended, despite reports that it wanted to end its alliance with Hyatt Hotels over a deal with Riant Capital Singapore-based Hong Leong Hotel Development Ltd (豐隆大飯店股份) yesterday said it has extended a management contract to ensure the continued presence of the Grand Hyatt brand in Taipei, ending rumors that the two sides were parting ways. “We are pleased Hyatt is able to come to terms on the extension of the management contract of Grand Hyatt Taipei,” said Kwek Leng Beng (郭令明), executive chairman of City Developments Ltd (城市發展) and Millennium & Copthorne Hotels Ltd (千禧國敦酒店). Hong Leong Hotel Development is a subsidiary of Millennium, and both fall under the Hong Leong Group (豐隆集團). The Grand Hyatt Taipei (台北君悅大飯店), owned and built by
MOVING FROM CHINA? The article did not name the company, but Foxconn, Wistron and Pegatron were among firms chosen for a production-linked incentive plan in India An Apple Inc vendor is looking at shifting six production lines to India from China, which could result in US$5 billion of iPhone exports from the South Asian nation, the Times of India reported, citing people familiar with the matter who it did not identify. The establishment of the facility would create about 55,000 jobs over about a year, the newspaper reported, not naming the Apple vendor. It would also cater to the domestic market and expand operations to include tablets and laptops, the newspaper reported. Samsung Electronics Co and Apple’s assembly partners are among 22 companies that have pledged 110 billion
’WHITE BOX’: The open platform would give local firms access to Cisco’s cloud-based mobile network to develop 5G telecom equipment and tap into the global market The Ministry of Economic Affairs (MOEA) yesterday introduced a new 5G “open lab” in collaboration with US-based information technology and networking giant Cisco Systems Inc to address the rapidly growing “white box” 5G networking equipment market. The open lab will be a platform where Taiwanese manufacturers can access Cisco’s cloud-based mobile network to develop their own 5G telecom equipment, such as small-cell base stations, network switches, modems and Internet of things (IoT) devices, a ministry statement said. The open platform would allow Taiwanese manufacturers to tap into the lucrative 5G telecom equipment market, which was previously monopolized by Nokia Oyj, Ericsson AB