The US government under the Trump administration has added Xiaomi in their investment blacklist which means that along with the other companies in their list, Americans will not be able to invest in in them including Xiaomi. According to the US Government, this is due to the ties of the company to the Chinese military.
This one would be different from Huawei as the ban from Xiaomi as this is not a ban coming from the Department of Commerce of United States which will mean that chips and the GMS license won’t be available to Xiaomi anymore. For now, this will definitely affect on how Xiaomi operates but let’s hope that this won’t escalate even further.
Xiaomi has also released a statement regarding the issue:
— Xiaomi (@Xiaomi) January 15, 2021
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