This time we have bad news for you. According to available information, US President Donald Trump added the Xiaomi brand to the blacklist of Chinese companies for the USA. After the sanctions for Huawei, there is a blow to Xiaomi as well.
First Huawei, now Xiaomi
As you know, severe sanctions were imposed on Chinese company Huawei in 2020, which Donald Trump accused of spying for the Chinese government. Sanctions followed, which caused you to find no Google services on Huawei smartphones today.
They recently joined additional sanctions, which limited supplies to that company from TSMC, which supplied them with 5 nm Kirin processors. Is a similar fate awaiting Xiaomi?
9 new companies on the blacklist
This time, Donald Trump blacklisted 9 Chinese companies, including Xiaomi and Comac (an aircraft company). Trump accused the companies of cooperating with the Chinese military and of even being directly funded by it, which poses a major security risk to the United States.
Fortunately, this is a different blacklist than the one on which Huawei is located. In this case, it is a list that has existed since 1999, but companies only add to it very sporadically. US partners are prohibited from investing in, trading in, and listed in the companies listed on this blacklist, and are forced to divest all of their financial interests in those companies.
As these are so far only accusations without any evidence, as is common with this US president, Xiaomi is not yet officially identified as a threat to the United States. The allegations will now be investigated, so the future of Xiaomi may not turn out as well as Huawei.
As you can see, despite Joe Biden taking office as president on January 20, Donald Trump is taking his days in office. We will see how the situation develops after Biden's arrival. But many of Trump's decisions are expected to be forgotten.
She didn't even wait for a response from the Chinese giant. Xiaomi responds by keeping the laws properly and operating in accordance with applicable regulations. It states that it provides its products and services only for civil and commercial use. It rejects any connection, funding or association with the Chinese military.
- Xiaomi (@Xiaomi) -
We will continue to monitor information about these allegations and keep you informed in a timely manner.