Xiaomi denies any ties to the Chinese military in response to being blacklisted by the US
January 16, 2021
Yesterday the US government designated Xiaomi a “Communist Chinese military company”, putting it on a blacklist that means US companies and investors are going to be prohibited from investing in Xiaomi (and those who already have are to divest by November of this year).
This, mind you, is not the same ‘blacklisting’ that destroyed Huawei’s smartphone market share…