Xiaomi had filed a legal complaint against the US government over Military Blacklist row.
Xiaomi Corp. had filed a legal complaint against the US Defense and Treasury departments after the US government targeted the company by adding it to the Military Blacklist.
It was reported last January 14 when the US government added Xiaomi Corp. and eight other Chinese firms to its blacklist of companies with ties to the Chinese military.
Following the said report, Xiaomi Corp. released a statement saying that the company was not a “Communist Chinese Military Company” as defined under the National Defense Authorization Act (NDAA).
READ ALSO: US Gov’t Blacklists Xiaomi, 8 Other Chinese Companies
After releasing the statement, the company formally filed a legal complaint against the US Defense and Treasury departments, challenging a blacklisting that blocked American investors from buying Xiaomi’s securities.
Bloomberg reported that Xiaomi called the blacklisting “unconstitutional” and sought a court ruling to reverse the designation, which was made in the Trump administration’s waning days.
In the filing in the U.S. district court of Columbia, Xiaomi said that the company faced “imminent, severe, and irreparable harm” if the Designation remained in place and the restrictions took effect.
The lawsuit also named Treasury Secretary Janet Yellen and Defense Secretary Lloyd Austin as defendants.
READ ALSO: Xiaomi Releases Statement In Response To Being Blacklisted By US Gov’t
Citing national security, the US had targeted scores of Chinese tech companies under former US President Donald Trump.
Due to a series of restrictions implemented by the former administration, Huawei Technologies Co. was cut off from its key suppliers.
Shenzhen-based drone maker SZ DJI Technology Co. and Chinese chipmaking giant Semiconductor Manufacturing International Corp. (SMIC) were also among the Chinese companies that had been blacklisted.
Bloomberg also reported that Xiaomi’s shares dropped 12 percent in January after reaching all-time highs in the first week of the year.
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