Oxford Suspends Research Funding From China's Huawei

Oxford University says it is suspending research grants and funding donations from Huawei amid growing security concerns about the Chinese telecom giant.

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It’s another setback for Huawei’s image in Europe, an important market for the company, which has been effectively blocked in the U.S. over concerns its technology poses a cybersecurity risk. It’s now facing increasing scrutiny in Europe, where it is expected it to play a major role in building new fifth-generation mobile networks.

The university decided on Jan. 8 that “it will not pursue new funding opportunities” with Huawei or related companies, it said in a statement.