Now Xiaomi is under Attack by the US
I just recently told Svetochka that Xiaomi will be attacked next by the USA. Xiaomi has grown to big and scares the USA. The quality of products that Xiaomi produces is as good as anyone in the world….competition is scary to the Almighty USA!
On Thursday, Reuters reported that the US defense department has expanded its list of Chinese companies operating in the United States and associated, according to Washington, with the Chinese military industry. Nine more entities have been added to the list, including Xiaomi.
The corporation was founded in April 2010 and is currently one of the four largest smartphone manufacturers in the world. In 2018, the company held an IPO on the Hong Kong exchange. Over the past year, the price of their shares has increased by 180%. At the end of December last year, Xiaomi’s market capitalization surpassed the $100 bln mark for the first time.
Here we go again and again…
WtR