[ad_1]
Xiaomi, the world’s third-largest smartphone producer, has sued the defence and treasury departments of the United States, seeking to undo the former Trump administration’s ban that prohibits US investors from owning the company’s shares.
The US Department of Defense designation of Xiaomi’s affiliation with the People’s Liberation Army (PLA) of China is “unconstitutional†as “it deprives Xiaomi of its liberty and property rights without due process of law,†according to Xiaomi’s filing at the…
[ad_2]
Source link
