After many and intense legal disputes that lasted several months, the U.S. District Court issued today a decision for its final deletion Xiaomi from the blacklist.
Η Xiaomi had filed a lawsuit earlier this year after the US Department of Defense under the former President Donald Trump, issued an order for the definition of the company as Communist Chinese Military Company, which would have led to its complete exclusion from investment in the US, as well as the removal of the company from the global benchmarks.
The US Department of Defense agreed on May 12 to lift any restrictions imposed on Xiaomi, and to remove the company from the notorious blacklist drawn up by its previous government Donald Trump.
Η Xiaomi and Pentagon officials declined to comment at the time, and China's Foreign Ministry spokeswoman Hua Chunying, had stated in a regular press conference in Beijing that he was not aware of any agreement the company has reached with the US.
«The parties agreed on a way forward that would resolve this dispute without the need for dispute", And the parties involved are now negotiating the specific conditions for lifting all the restrictions that have been imposed, and will submit a separate joint proposal before 20 May.
But today the end titles for this episode finally fell, as the U.S. District Court has decided to permanently remove Xiaomi from the blacklist.
Immediately after and on the occasion of the final decision of the American courts, representative of Xiaomi Corporation stated the following:
The Company is grateful for the trust and support of its users, partners, employees and shareholders around the world and reiterates that it is an open, transparent, listed company, with independent operation and management. The Company will continue to provide reliable consumer electronics products and services to users and continuously create unique products at affordable prices so that people around the world can enjoy a better life through technological innovations.
You can read the full text of the announcement issued by Xiaomi HERE !
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