The verdict means that Xiaomi has finally shaken off a geopolitical burden that weighed down its shares since earlier this year.
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Posted inTurf Wars
Xiaomi shares plunge after US investment ban
US investors will be prohibited from buying Xiaomi shares and will have to divest their holdings by November, according to the executive order.
Posted inHeavy Hitters
Xiaomi sues US government over investment ban
Xiaomi asked the court remove it from a defense blacklist that bans Americans from investing in companies linked to the Chinese military.
Posted inThe Numbers
China made 6% of chips it used in 2020: report
China, the world’s largest semiconductor market, is highly reliant on foreign technology and aims to make 70% of the chips it uses by 2025.
Posted inHeavy Hitters
Social commerce app Xiaohongshu hires CFO ahead of likely IPO: report
Xiaohongshu, the $6 billion firm backed by Alibaba and Tencent, could join an increasing list of Chinese tech firms heading to the public markets.
Posted inUp and Comers
Mixed reality startup Nreal readies global expansion
Eight months after a US court rejected Magic Leap’s IP theft lawsuit against Nreal, the mixed reality startup prepares for a US launch.
