- Trump expands the list of banned Chinese companies.
- Xiaomi is now added into the list.
- It is said to be banned due to the security concern.
The popular Chinese company Huawei out in the picture from the market of the United States and the government also restricted many brands to collaborate with other companies. Well, now during the last days of Trump administration yet another massive decision has been taken and the same will definitely hurt the smartphone market of the United States.
Well, now the United States government has blacklisted the Nine Chinese companies and that includes the third largest Smartphone maker Xiaomi as well.
The government has said that the banned companies are connected with the Chinese military but they didn’t showcased any proof of the same. The new Move of the United States government will not allow the investors to purchase the share of of the banned Chinese companies.
Xiaomi name in the banned list will also affect the smartphone industry as well and we know that the Chinese company focusing on the European as well as the US markets very seriously.
So what are your thoughts on the new decision of the United States Government? Do let us know in the comments section below and stay tuned with us for more interesting information from the world of Technology at your fingertips.
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