Wednesday, May 26, 2021 – 14:12 | Last Updated: 26 05 2021 – 14:12
Xiaomi officially removed from the US black list Xiaomi made a statement regarding the US decision to lift the restriction. “The US District Court issued a final decision on May 25, 2021, canceling the US Department of Defense’s designation of Xiaomi as the ‘Communist Chinese Military Company’ on January 14, 2021,” said Lei Jun, President of Xiaomi Corporation.
In the announcement made by Xiaomi Corporation with the title of “Voluntary statement regarding the case”, “The US District of Columbia District Court, on May 25, 2021 at 16.09 (Eastern Standard Time), the US Department of Defense announced Xiaomi on January 14, 2021. China Military Corporation (CCMC) published its final decision revoking the designation. With the final decision, all restrictions on the ability of US citizens and legal entities to purchase or hold Xiaomi securities have been officially lifted, ”the statement said.
‘WE WILL CONTINUE TO OFFER INNOVATIVE TECHNOLOGIES’
The statement, signed by the President of Xiaomi Corporation, Lei Jun, included the following statements:
“As Xiaomi, we thank all of our users, business partners, employees and shareholders around the world for their support and trust in this process. We reiterate that we are an open, transparent, stock-traded, and independent company operating and managed. At Xiaomi, we will continue to provide reliable consumer electronics products and services to our users, and to offer great products at the fairest prices to enable everyone in the world to live a better life with innovative technologies. ”