Xiaomi wins court ruling against US governmentβs investment ban
Xiaomiβs bid in the US federal courts against the US governmentβs move that blacklisted the company as a βChinese military companyβ was successful. A federal court temporarily blocked the investment ban, with the potential of permanent relief as the case proceeds.
US District Judge Rudolph Contreras ruled that βthe court is somewhat skeptical that weighty national security interests are actually implicated here,β on Friday, and offered the temporary reprieve for Xiaomi.
The Chinese company is definitely pushing for a court ruling that will declare its addition to the investment blacklist as a βCommunist Chinese military companyβ unlawful. Xiaomi was set to lose out on crucial US investment with it potentially being delisted from US exchanges by 2021, if they were still a part of the ban.
It is probably going to go well for Xiaomi, given how the US Department of Defenseβs main justification for the ban was mainly because Xiaomiβs founder, Lei Jun, received an award from the Ministry of Industry and Information Technology (MIIT), and subsequently concluded that Xiaomi was a military-linked company.
UPDATE: Xiaomiβs official statement
Below is the official statement from Xiaomi regarding the courtβs decision:
Pokdepinion: I am quite glad that Xiaomi is coming out on top, with me being a Xiaomi user after all!


