Foxconn to donate 1 billion yuan to Tsinghua University

The Taiwan-based Foxconn Technology Group will donate 1 billion yuan to Tsinghua University in the next 10 years. It is a gift for the university's upcoming centennial anniversary and is aimed at promoting mutual cooperation in talent training, scientific research and other fields, said Terry Gou, chairman of Foxconn, at the university on April 12.

The 1 billion yuan will be used to expand and deepen the cooperation between Foxconn and Tsinghua University. Their cooperation will no longer be limited to scientific research but will be expanded to humanities-related projects, talent training and introduction, academic exchanges and student exchange programs.

In addition, part of the donation will be used as seed money for innovative students who want to start a business. Foxconn hopes to build an innovative talent training mechanism and create a good development environment for innovative talent in cooperation with Tsinghua University.

Foxconn is cooperating well with Tsinghua University in many fields, such as nanotechnology. The company had previously donated 300 million yuan to build the Tsinghua–Foxconn Nanotechnology Research Center. So far, the center has published more than 80 research articles and holds about 700 patents.

Tsinghua University was established in 1911. As one of China's most prestigious universities, it serves as an extremely important base for high-level talent training and scientific research. Its centennial anniversary will fall on April 24, 2011.

By Wang Hanlu, People's Daily Online

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