US removes Xiaomi from blocklist of Chinese military companies
source link: https://www.engadget.com/us-removes-xiaomi-chinese-blocklist-094055806.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
US removes Xiaomi from blocklist of Chinese military companies
The smartphone maker had filed a legal challenge against the damaging designation.As expected, the US has removed China's Xiaomi from an official government blocklist that barred Americans from buying or holding its stock. The smartphone maker had swiftly filed a legal complaint challenging its designation as a Communist Chinese Military Company (CCMC) in January. Today, Xiaomi said the US District Court for the District of Columbia had issued a final order "vacating" it from the list.
“The company reiterates that it is an open, transparent, publicly traded, independently operated and managed corporation,” Xiaomi chairman Lei Jun said in the filing to the Hong Kong stock exchange.
Xiaomi's removal from the list is a resounding victory for the Chinese tech company — the world's third-largest smartphone maker, according to IDC — which warned the CCMC designation would cause "irreparable harm" to its business.
One of the last major anti-Beijing policies of the Trump era, the blocklist prohibited Americans from investing in companies that the Pentagon suspected of helping the Chinese People’s Liberation Army. Xiaomi isn't the only Chinese company celebrating today. Luokung Technology, a big data provider that had also taken legal action against its CCMC designation, was also removed from the list.
Recommend
-
10
Your air purifier is a national security threat — US declares Xiaomi a “Communist Chinese military company,” bans investments Xiaomi won't suffer the suffocating supply chain bans of Huawe...
-
3
TechXiaomi shares fall 10% as U.S. adds smartphone-maker to ‘blacklist’Published Thu, Jan 14 20218:47 PM ESTUpdated Fri, Jan 15 202112:24 AM ES...
-
5
U.S removes Xiaomi from blacklist after the lawsuitU.S removes Xiaomi from blacklist after the lawsuit May 12, 2021 8:39 pm The U.S Department of Defense will remove China’s Xiaomi Corp from a blacklist that restricted American invest...
-
9
中文搜索结果黑名单 垃圾站点出现在 Google、百度的中文搜索结果中,实在是恶心——于是这个黑名单就这么出来了。 黑名单主要由我自己使用 Google 搜索时收集( 当然,也离不开来自网友的热心分享、提交 ),所以更新频率无法保证。然而已经断断...
-
8
Yet another bot IPs blocklist: longtime bot IPs November 2nd, 2021 I recently published 4 blo...
-
3
Notable Bing news — DuckDuckGo adds Microsoft scripts to blocklist after user backlash Search privacy company still needs Bing, but won't allow Microsoft's trackers....
-
5
TL;DR In this blog post, we use Git-Python and Matplotlib to explore the Avastel all infected IPs 7d blocklist....
-
2
Huawei And ZTE Just Landed On The FCC's Worst Blocklist
-
9
Samsung Smart-TV Blocklist Adlist (for PiHole) · GitHub Instantly share code, notes, and snippets. ...
-
1
TechOpenAI quietly removes ban on military use of its AI tools...
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK