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Apple's Chinese rival Huawei secretly backing US research via contest - report [Seeking Alpha]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
The Chinese tech giant is the only funder of a research contest which has awarded millions of dollars since it started in 2022. The competition has wooed hundreds of proposals from scientists globally, including from top U.S. universities, which have banned their researchers from working with the company, the report added , citing documents and people with knowledge of the matter. The contest is overseen by the Optica Foundation, part of the nonprofit professional society Optica. Research at Optica focuses on the science of light, such as communications, biomedical diagnostics and lasers, the report noted. The foundation "shall not be required to designate Huawei as the funding source or program sponsor" of the contest, the report added, citing a non-public document. The content of the agreement and the relationship between the parties should also be considered confidential information, as per the document. Optica's CEO Liz Rogan said that Huawei's donation was reviewed by outs
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