A federal judge has blocked enforcement of the U.S. investment ban on Xiaomi Corp., calling the decision to blacklist the Chinese technology giant “deeply flawed.”
“Xiaomi is a publicly traded company that produces commercial products for civilian use, is controlled by its independent board and controlling shareholders, and is not effectively controlled or associated with others under the ownership or control of the PRC or its security services,” the judge said in the opinion, using the abbreviation for the People’s Republic of China.
The decision marks a victory for Xiaomi following its addition, in the waning days of the Trump administration, to the U.S. Defense Department’s list of companies it believed was linked to China’s military.
Xiaomiphobia.
No worries. Just add Xiaomi to the listing that includes Huawei. 😉😎🇺🇸🇯🇵🇮🇳🇦🇺
xiaomi is chor
People need a little more good news now.
'Xiaomi wins court ruling' - unlike you when you'll end up in jail for market collusion for helping out your friends at Melvin and Citadel by publishing in advance stuff that hadn't happened to $GME and $AMC yet ,in order to spread FUD. Shame on you, crooks. 🤡🤡🤡🤡