People pass by a Xiaomi store in Beijing on January 15, 2021, as the company’s shares collapsed on January 15 after the United States blacklisted the smartphone giant. and a number of other Chinese companies.
Greg Baker | AFP | Getty Images
In a ruling Friday, U.S. District Judge Rudolph Contreras granted Xiaomi a precautionary order against the Trump-era order. The judge said that without relief, Xiaomi “would suffer irreparable damage in the form of serious irreparable reputational and economic damage.”
Contreras wrote that “it is clear that there is no substantial evidence to adequately support the finding that Xiaomi is a CCMC.”
Xiaomi said it was “satisfied” with the ruling and said it would “continue to ask the court to declare the designation illegal and to permanently remove the designation.”
“Xiaomi reiterates that it is an independent and powerful management corporation, offering consumer electronics products exclusively for civil and commercial use,” the company said in a statement Saturday.
“Xiaomi believes that the decisions to designate it as a Chinese communist military company are arbitrary and whimsical, and the judge agrees. “