15-01-2021 04:08 via thenextweb.com

Outgoing Trump administration puts Xiaomi on an investment blacklist

In a shock move, the Department of Defence under the outgoing Donald Trump administration has put nine Chinese companies on a blacklist citing military connections. Tech giant Xiaomi is the surprise inclusion in the list. The blacklist bars US individuals and companies from investing in these firms. This is different from Huawei‘s trade ban where Americans were blocked from doing with the tech giant. So, Xiaomi won’t be barred from using Android, Google Play Store, or Qualcomm&rsquo
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