Xiaomi and U.S. government settle, Xiaomi removed from blacklist

The US Department of Defense has agreed to exclude Chinese electronics maker Xiaomi from the blacklist of companies banning investment from within the United States. 'Xiaomi and the Pentagon have agreed to settle without further conflict,' the Pentagon said.

US Agrees to Remove Xiaomi From Blacklist After Lawsuit --Bloomberg
https://www.bloomberg.com/news/articles/2021-05-12/xiaomi-us-government-agree-to-drop-firm-from-blacklist

US backtracks on Xiaomi blacklisting --The Verge
https://www.theverge.com/2021/5/12/22431838/xiaomi-us-blacklist-remove-trump-lawsuit

Former President Donald Trump signed an executive order on January 13, 2021 banning investment in Chinese military-related companies. The Executive Order requires that all shares of companies on the list of 'Communist Military Enterprises' be sold by November 11, 2021, and further prohibits the purchase of shares of such companies. did.

On January 15, 2021, the US Department of Defense considered Xiaomi a 'communist military enterprise' and added it to the investment ban blacklist under Section 1237 of the National Defense Authorization Act (NDAA).

US government blacklists Xiaomi, the world's third-largest smartphone share, as a 'Chinese military company' --GIGAZINE

However, Xiaomi has filed a complaint in the United States District Court. 'We are not owned, managed or affiliated with the Chinese military and are definitely not a communist military company,' Xiaomi said in a statement to the IT news site The Verge.

A federal district court granted Xiaomi's case and ordered in March 2021 to suspend the US Department of Defense's decision banning investment in Xiaomi.

US District Court suspends Xiaomi's designation as a Chinese military-related company | Reuters
https://jp.reuters.com/article/xiaomi-complaint-idJPKBN2B7034

'The Biden administration is deeply concerned about potential investment in companies related to the Chinese military and will continue to put pressure on them,' said Emily Horn, a spokeswoman for the U.S. National Security Council. We are devoting ourselves to. '

'I don't know about the deal Xiaomi would have signed with the Pentagon,' Hua Chunying, a spokeswoman for the Chinese Ministry of Foreign Affairs, said at a news conference.