The US ban on Xiaomi is unlikely to cause a swift dive for the Chinese smartphone maker’s sales as long as the company is not deprived of Google Mobile Service (GMS) access, say IT industry pundits.
On Thursday, Xiaomi was among nine Chinese firms added to the Pentagon’s list of companies with alleged ties to the Chinese military.
These companies will be subject to a new US investment ban that forces American investors to divest holdings of the blacklisted firms by Nov 11. A total of 44 Chinese companies have been listed so far.
A separate blacklist, known as the Entity List and issued by the US Department of Commerce, is seen as more severe because it prohibits US firms from supplying those entities without a licence. Xiaomi, which…
