US removes Xiaomi’s designation as a Communist Chinese military company – TechCrunch

  • TechCrunch
  • US removes Xiaomi’s designation as a Communist Chinese military company – TechCrunch

Xiaomi, one of China’s high-profile tech firms that fell in the crosshairs of the Trump administration, has been removed from a U.S. government blacklist that designated it as a Communist Chinese military company.

The U.S. District Court for the District of Columbia has vacated the Department of Defense’s designation of Xiaomi as a CCMC in January, a document filed on May 25 shows.

In February, Xiaomi sued the U.S. government over its inclusion in the military blacklist. In March, the D.C. court granted Xiaomi a preliminary injunction against the DoD designation, which would have forbidden all U.S. persons from purchasing or possessing Xiaomi’s securities, saying the decision was “arbitrary and capricious.” The ruling was made to prevent “irreparable harm” to the Chinese phone maker.

Xiaomi has this to say about getting off the blacklist:

The Company is grateful for the trust and support of its global users, partners, employees and shareholders. The Company reiterates that it is an open, transparent, publicly traded, independently operated and managed corporation. The Company will continue to provide reliable consumer electronics products and services to users, and to relentlessly build amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.

Xiaomi’s domestic competitor Huawei is still struggling with its inclusion in the U.S. trade blacklist, which bans it from accessing critical U.S. technologies and has crippled its smartphone sales around the world.

Did you like this article? You can read it and many others @ TechCrunch!

FRESHEST

Here's the latest news

We all love our smartphones. We use them for pretty much everything these days. Did you know, however, that one of the most common issues with phones is their screens breaking? This shouldn't be much of a surprise, considering a...

iPhone Screens - Where To Find Wholesale Replacements

It was only a decade ago when AI seemed like a far-fetched technology that may never actually amount to anything. In the past 10 years, AI technology has sprouted from concept into mainstream implementation in ways that would have had...

Artificial intelligence and machine learning concept.

If you're thinking about starting your own cryptocurrency, BEP20 is a fantastic option. The Binance Smart Chain (BSC) is one of the most rapidly growing blockchains on the market. BSC was created in a similar way to the popular Ethereum...

The Era of No-Code Platforms: Create BEP20 token on Binance Smart Chain instantly

Internet marketing, like the painstaking, costly traditional methods, is an art as much as it is a science.  Yet many marketers are reluctant to engage in it for fear of wasting money, time, or both. And why go out on...

Digital marketing strategy

When evaluating their options for growing their business, most small business owners find themselves at a crossroads between balancing what works and embracing what is new.  In the digital age, technology is empowering smaller firms in new ways that were...

How Small Businesses Can Benefit from Using Advancements in Technology to Improve, Market, and Scale Their Businesses
Load More
Share via
Copy link
Powered by Social Snap