Reuters reported on Wednesday, referring to the court file, which clearly states that “the two entities have agreed to end the lawsuit,” the US government and Xiaomi.
However, officially, neither side has notified the dispute. In response to a question from Reuters, a Xiaomi spokeswoman said only that “the company is following developments closely.” I declined any further comment.
A law known as the NDAA banned Washington from using Huawei and ZTE equipment in government offices in the past due to security risks. Xiaomi’s addition to the US blacklist means that US investors will have to sell all their stakes in the companies in question by November of this year.
The US administration’s blacklisting of Xiaomi was justified, as in the past, due to concerns about national security, as the authorities said, “There is an unacceptable risk that the technology of the blacklisted companies will be used for military purposes.”
Xiaomi dismissed the accusation
However, Xiaomi repeatedly refused. “Xiaomi always adheres to the applicable legislative standards and operates in accordance with the laws and regulations in force in the countries in which it operates. The company confirms that it provides products and services for civil and commercial use. At the same time, it confirms that it is in no way owned, controlled or affiliated with the Chinese military, It is not a “Chinese Communist Army Company” as defined by the National Defense Agency. .
But as can be seen from the lines above, after five months everything is different – Xiaomi will disappear from the blacklist. Although we will have to wait some time for official confirmation.