Xiaomi says on Sunday it has filed a lawsuit seeking to overturn the former
Trump administration s last-minute blacklisting of the electronics giant. Xiaomi said it filed the appeal with a Washington federal court Friday after former president Donald Trump s administration barred investment in the firm, saying the Beijing-headquartered company was a part of the Chinese military. Xiaomi said it believes that the decision . was factually incorrect and has deprived the company of legal due process. With a view to protect the interest of its global users, partners, employees and shareholders, Xiaomi Corporation has filed proceedings in the United States District Court for the District of Columbia against the Department of Defense and Department of Treasury of the United States, for listing the company as “Communist Chinese Military Company, the statement added.
US Blacklists Nine Chinese Companies Including Xiaomi Over Alleged Military Links
The move comes after about 60 Chinese companies were added to the list in December, including drone maker DJI and semiconductor firm SMIC.
Representational image. Associated Press (AP) 2021-01-15T09:30:29+05:30 US Blacklists Nine Chinese Companies Including Xiaomi Over Alleged Military Links outlookindia.com 2021-01-15T15:31:45+05:30
The US government has blacklisted Chinese smartphone maker Xiaomi Corp. and China s third-largest national oil company for alleged military links, heaping pressure on Beijing in President Donald Trumps last week in office.
The Department of Defense added nine companies to its list of Chinese companies with military links, including Xiaomi and state-owned plane manufacturer Commercial Aircraft Corp. of China (Comac).
Xiaomi put under investment ban by US govt
Xiaomi put under investment ban by US govt
The Donald Trump government has added Chinese phone maker Xiaomi to a new trade list. This list curbs the investment of US firms in Xiaomi.
advertisement
HIGHLIGHTS
US govt has added Xiaomi to a new investment list.
Investment in Xiaomi by US firms could seriously be impacted.
The United States government has added new names to their infamous list of blacklisted companies. The Trump administration has reportedly added nine Chinese firms to the blacklist of companies with alleged links with the Chinese military. Interestingly, this list includes big names such as mobile phone maker Xiaomi.
Xiaomi put under investment ban by US govt
The Donald Trump government has added Chinese phone maker Xiaomi to a new trade list. This list curbs the investment of US firms in Xiaomi.
Sushant Talwar | January 15, 2021 | Updated 12:57 IST
Highlights
US govt has added Xiaomi to a new investment list.
Investment in Xiaomi by US firms could seriously be impacted.
The United States government has added new names to their infamous list of blacklisted companies. The Trump administration has reportedly added nine Chinese firms to the blacklist of companies with alleged links with the Chinese military. Interestingly, this list includes big names such as mobile phone maker Xiaomi.
Xiaomi denies association with Chinese military after US President Trump-led govt imposes ban
The US Department of Defense (DOD) added nine companies to its list of Chinese companies with military links, including Xiaomi and plane manufacturer Commercial Aircraft Corp. of China (Comac). January 15, 2021 / 01:38 PM IST
Xiaomi has responded to the US ban that was imposed earlier today. The Chinese smartphone giant has refuted the claims of being affiliated with the Chinese military, and said it is not a “Communist Chinese Military Company”. Earlier in the day, Xiaomi’s Hong Kong-listed shares fell nearly 11 percent at the start of trading after the US blacklisted the smartphone maker barring investors from investing in its shares.