People pass through the Xiaomi store in Beijing on January 15, 2021, as the company’s shares plunged on January 15 after the United States blacklisted a host of smartphone giants and other Chinese companies.
Greg Baker | AFP | Getty Images
In a ruling Friday, U.S. District Judge Rudolf Contreras issued an early injunction restraining Xiaomi from the Trump-era ruling. Without relief, the judge said, Xiaomi would suffer “unworthy harm in the form of serious reputable and unattainable economic injuries.”
“There is a lack of substantial evidence to support the discovery that Xiaomi is a CCMC,” Contrares wrote.
Xiaomi said it was “happy” with the ruling and said it was “urging the court to declare the post illegal and remove it permanently.”
Xiaomi reiterated that it is a widely held, publicly traded, independent-operated corporation that provides consumer electronics products for civilian and commercial use only, the company said in a statement on Saturday.
Xiaomi believes the decision to appoint him as a Chinese communist military company is arbitrary and Eccentric and the judge agrees with him. “
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