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US to remove China’s Xiaomi from ‘deeply flawed’ blacklist
- Thursday | 13th May, 2021
(Reuters) -The US Department of Defense will remove China’s Xiaomi Corp from a government blacklist, a court filing showed, clearing the way for any future American investment in the Beijing-based smartphone maker. A Xiaomi spokeswoman said the company is watching the latest developments closely, without elaborating. Xiaomi went on the offensive by filing a lawsuit against the US government, calling its placement “unlawful and unconstitutional” and denying any ties to China’s military. Xiaomi was among the more high-profile Chinese technology companies that former President Donald Trump targeted for alleged ties to China’s military in the waning days of his administration. Later, the US Department of Defense placed similar restrictions on China’s Semiconductor Manufacturing International Corporation, a firm key to China’s national drive to boost its domestic chip sector.
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