#China#HuaweiChinesTechGiant; HuaweiU.S.ResearchCentre; #broadersecurityconcerns;
Ottawa, Dec 3 (Canadian-Media): Huawei, Chinese tech giant is struggling to preserve its business after U.S. authorities said the company poses a border cybersecurity risk to the nation and has blocked its interactions with U.S. and restricted access of its components and technology to U.S.
Huawei Chine Tech Giant/Twitter
In April, several prominent U.S. institutions including Massachusetts Institute of Technology, Princeton University and the University of California, Berkeley, refused to accept new funding from the company, citing U.S. federal charges against Huawei along with broader cybersecurity concerns previously raised by the U.S. government.
Huawei confirmed in June it had cut 600 jobs at its Silicon Valley research centre in Santa Clara, Calif., leaving about 250 employees.
Under these circumstances, the founder of the company decided to move Huawei research centre from U.S. to Canada.
Canada's relations with the company also were strained after the arrest of Ren's daughter, Huawei chief financial officer Meng Wanzhouthat for was accused by U.S. for allegedly violating U.S. trade sanctions against Iran.
Ren said the speed of the research centre move will depend in part on if U.S. staff will be allowed to move to Canada.
With one of the world's biggest corporate research budgets, the company already has more than 1,100 employees in Canada, a research and development centre in Ottawa, as well as smaller offices elsewhere in the country and
It invested $164 million in research and development initiatives in Canada last year, has funding commitments with several Canadian universities, and announced in July that it would provide high-speed wireless services to 70 communities in the Arctic and northern Quebec .