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Chinese smartphone maker Xiaomi Corp said on Sunday that its legal complaint against the U.S. Department of Defense and the Treasury Department ...
Source: Highlights The Defense Department added Xiaomi and eight other companies to the list, which requires American investors to divest their holdings in the firms by a set deadline. Xiaomi called the judgment "unlawful and unconstitutional" and said the company was not controlled by the People`s Liberation army. Xiaomi added that a "substantial number" of its shareholders were U.S. persons, and noted three of its top-ten holders of ordinary shares were U.S. institutional investment groups. Shanghai: Xiaomi Corp filed a complaint in a Washington district court on Friday (January 29) agains...
Xiaomi seeking to be taken off a US list of companies with ties to China's military.. Read more at straitstimes.com.
Sunday, 31 Jan 2021 08:29 PM MYT A logo of Xiaomi is seen at Xiaomi's tablet launch event in Beijing, May 15, 2014. ― Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. HONG KONG, Jan 31 — Chinese smartphone maker Xiaomi Corp said today that its legal complaint against the US Department of Defence and the Treasury Department was to protect the company’s interests, in a notice on the Hong Kong stock exchange. The company filed a complaint in a Washington district court on Friday against the US Defence and Treasury Departments, seeking to remove...
Xiaomi Corp said on Sunday that its legal complaint filed against the U.S. Department of Defense and the Treasury Department on Friday was to protect the company's interests.