The Trump administration decided to put the electronics giant in place Chinese Xiaomi, The world’s number three phone manufacturer, on the blacklist.
The US Department of Defense is now designating Xiaomi as a Chinese Communist military company, which means that it is now subject to Trump’s executive order that prohibits the United States from investing in such companies.
The executive order may force US companies and other American investors to divest investments within Xiaomi by November 11, 2021.
Xiaomi confirmed in a statement that it is operating in accordance with the laws and regulations relevant to the countries in which it conducts its business.
The spokesperson claims that Xiaomi is not owned, controlled or affiliated with the Chinese military, nor is it a Chinese Communist military company designated under the NDAA.
Xiaomi says: It is now reviewing the possible consequences of the US Department of Defense step before taking any action.
While the Biden administration may revoke the executive order before then, it is interesting to see electronics companies such as Xiaomi, blacklisted.
Most of the other companies listed are considered Black list The US Department of Defense is more industrial-oriented, specializing in aviation, space, shipbuilding, chemicals, communications, construction, and other forms of infrastructure.
The Trump administration has also included Huawei, the world’s number two phone manufacturer, on the list, but Huawei manufactures large-scale communications equipment as well.
And US lawmakers have been particularly concerned about Huawei being part of the country’s cellular infrastructure.
It is reported that this list is not the same as the list of entities of the US Department of Commerce, which usually prohibits US companies from exporting technology to companies that have been blacklisted, such as the manufacturer of drones DJI.
But some Chinese companies, such as: Huawei and SMIC, are on both lists now.
And speaking of the Ministry of Commerce, it is She goes on In advance of trying to prevent six entire countries, now classified as foreign adversaries, from providing communications equipment to the United States at all, including China, Russia, Iran, North Korea, Cuba, and the Nicolás Maduro government in Venezuela.