Xiaomi responds to its inclusion in the blacklist of investments in the United States

An executive order of Donald Trump put Xiaomi on a list of companies in which investment will be prohibited of US capital as of November 11, 2021. administration Trump syndicated Xiaomi, along with other companies, for a possible collaboration with the Chinese army.

Xiaomi, the third largest phone manufacturer in the world, responded through David Guo Qiuda, senior manager of public relations and communications for Latin America.

“The company (Xiaomi) has complied with the law and operated in compliance with the relevant laws and regulations in the jurisdictions where it does business. The company reiterates that it provides products and services for civil and commercial use. The company confirms that it is not owned, controlled, or affiliated with the Chinese Army, and that it is not a ‘Chinese communist military company’, as defined by the National Defense Authorization Act (NDAA) in the United States. The company will take an appropriate course of action to protect its interests and its stakeholders ”.

As we already explained, It is not a situation similar to the one that Huawei experienced since May 2019. The action of the Trump administration limited to US investments.

Xiaomi the same will remain alert. “The company is reviewing the potential consequences of this to develop a full understanding of its impact on the group (Xiaomi Corporation). The company will make announcements in the future as appropriate, ”said the spokesperson for Xiaomi.

Xiaomi it was founded by Lei Jun in 2010 and has become a major player in the technology market with brands such as Mi, Redmi, POCO and Miija. In the third quarter of 2020 managed to surpass Apple for sale of cell phones, moving to third place among manufacturers globally.

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