In January,Fantasy Movies | Adult Movies Online before President Trump left office, Chinese electronics company Xiaomi was added to a blacklist by the U.S. Department of Defense (DoD) following its classification as a "Communist Chinese military company." That decision has now been reversed.
Xiaomi responded to the blacklisting by filing a lawsuit where it denied the allegations it had ties to the Chinese military or was a Communist Chinese military company. As Bloomberg reports, a federal judge in March sided with Xiaomi and blocked the restrictions from being imposed.
As The Verge reports, it looks as though the U.S. government doesn't intend to pursue the matter any further. According to a joint status report filed with the DoD, the two parties "have agreed upon a path forward that would resolve this litigation without the need for contested briefing." The most recent court filing also states that Xiaomi and the DoD have "agreed that a final order vacating the January 14, 2021 designation of Xiaomi Corporation as a CCMC...would be appropriate."
If the blacklisting had been enforced, it would result in U.S. investors only having until Nov. 11 this year to divest any holdings in Xiaomi, which currently counts as the third-largest smartphone manufacturer. Unsurprisingly, Xiaomi's share price is already 6 percent higher today, whereas back in January it fell 11 percent on news of the blacklisting.
Topics Xiaomi Politics
Please enjoy videos of Donald Trump being publicly booed yet againGorilla Glass Victus 2 to debut on Samsung Galaxy S23Federal Welcome Corps program lets private citizens sponsor refugee resettlement'Quordle' today: See each 'Quordle' answer and hints for January 312023 is full of good news you haven't heardDeepfake of Arnold Schwarzenegger in 'No Country for Old Men' will mess you upDavid Harbour recreated THAT scene from 'The Shining' and it's frankly terrifyingDeepfake of Arnold Schwarzenegger in 'No Country for Old Men' will mess you up'The Last of Us' episode 3: The ending Linda Ronstadt song, explainedCourtney Cox Instagrams a perfectlyEveryone's laughing at Facebook's boomer rebrand to FACEBOOKCourtney Cox Instagrams a perfectlySamsung Galaxy S23 vs. iPhone 14: Comparing specs and prices'The Last of Us' episode 3: The ending Linda Ronstadt song, explainedStephen King's latest Trump burn may be his sweariest yet4 young gun reform activists share their goals for 2023Samsung Galaxy S23 vs. iPhone 14: Comparing specs and prices'Hamilton' deleted songs: How to put them back in the narrative'To Leslie' Oscars controversy, explainedNothing's next smartphone will be 'more premium' than Nothing Phone (1) Can Uber become a 'just' workplace? CEO Travis Kalanick lays out the plan New 'The Mist' trailer is a friggin' gorefest Secretive military space plane lands in Florida with a sonic boom 'SNL' cuts the sexual tension on 'Morning Joe' with an awkward knife Facebook rolls out search feature to show strangers' news posts Lena Dunham drags magazine's 'diet tips' after it puts her on the cover Microsoft HoloLens inventor says the 'phone is already dead' The FBI paid $900,000 to break into the San Bernardino iPhone Apple patents a way to eject water from iPhones using sound A definitive ranking of all the blandsome Chrises in Hollywood We have a few questions about Dove's new 'body positive' soap bottles Tom Holland's 'Umbrella' lip sync battle was so powerful it controlled the weather The Resistance is now a lifestyle brand and please, don't buy it Amazon tests out newspaper delivery to complete its takeover of everything For the love of God, stop clicking on shady emails already Jay Leno spends his weekends cruising around in a vintage fire truck Bill Clinton is co How that video of a girl telling off 'Donald Trump' went viral Adele celebrates her 29th birthday with a delightful 'old lady' photoshoot How to defend net neutrality from Trump's FCC
2.2902s , 10101.65625 kb
Copyright © 2025 Powered by 【Fantasy Movies | Adult Movies Online】,Steady Information Network