Donald Trump administration imposed sanctions on Xiaomi, but problems like Huawei shouldn't be expected

The Donald Trump administration, on the eve of the inauguration of the new president, published a sanctions

list of Chinese companies that includes Xiaomi.

What is known

The US Department of Defense suspects Xiaomi andother companies have ties to the Chinese military and government. Therefore, Americans are now prohibited from investing in corporations on this list. Also, all existing investors will have to withdraw their assets by November 11, 2021.

Fortunately, wait for the Huawei scenario to repeat itselfXiaomi is not worth it. The fact is that sanctions affect investments, not the supply of components. Xiaomi will continue to be able to use American technology in its devices. As for investors, everything is fine here too. Xiaomi trades shares not in the US, but on the stock exchange in Hong Kong.

Source: Reuters, XDA

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