Elite U.S. school MIT cuts ties with Chinese tech firms Huawei, ZTE

(Reuters) – The Massachusetts Institute of Technology (MIT) has severed ties with Huawei Technologies and ZTE Corp as U.S. authorities investigate the Chinese firms for alleged sanctions violations, it said on Wednesday. MIT is the latest top U.S. education institution to unplug telecom equipment made by Huawei and other Chinese companies to avoid losing federal funding. “MIT is not accepting new engagements or renewing existing ones with Huawei and ZTE or their respective subsidiaries due to federal investigations regarding violations of sanction restrictions,” Maria Zuber, its vice president for research, said bit.ly/2K528XI in a letter on its website.

Source: www.reuters.com