Xiaomi

Xiaomi’s Products are For Ordinary Consumers

Regarding the issue of a preliminary injunction by the U.S. federal judge regarding Xiaomi’s prosecution by the U.S. Department of Defense, Xiaomi issued a statement stating that it was an arbitrary decision to include the company on the list of Chinese military-related companies. So they will continue to request the court to finally rule that the decree is invalid for Xiaomi.

Also read: Xiaomi Will Succeed in Europe in 2020: Ranking Third in The Market

In January, the US government included 9 Chinese companies on the “Chinese military-related” list on the grounds of “national security”. Xiaomi was on the list as well. Subsequently, the latter filed a lawsuit against the U.S. Department of Defense and the Department of Treasury in the U.S. District Court of the District of Columbia. A federal judge in the United States issued a preliminary injunction on the 12th local time on Xiaomi’s prosecution by the US Department of Defense. It prohibited the US Department of Defense from listing the company as a so-called “Chinese military-related enterprise” policy to take effect or implement.

Xiaomi

The technology company said in the statement that the electronic products produced by the company are for ordinary consumers. It was an arbitrary decision to include the company on the list of Chinese military-related enterprises. And the judge also agreed with this. The company will continue to request the court to finally rule that the decree is invalid for Xiaomi.

The Full Text of Xiaomi ‘s Statement

Xiaomi was very pleased to see that on March 12th that the court officially prohibited the company from being recognized as a Chinese military-related enterprise and stopped the restrictions imposed by Executive Order 13959 on the company. The court passed the injunction to lift the restrictions on American investors to buy and hold Xiaomi stocks. And also, it canceled the mandatory sale of Xiaomi stocks, and the ban took effect immediately.

Xiaomi is a young and energetic technology company. Over the years, we have provided consumers all over the world with smartphones and also with smart TVs and many other touching and affordable consumer electronics products. We are willing to continue to work together with global partners. So everyone in the world can enjoy the beautiful life brought about by technology.

Leave a Reply