Chinese smartphone maker Xiaomi, which was taken off the blacklist by the Biden administration in May, became the world's second-largest smartphone maker in the second quarter of 2021, overtaking Huawei domestically and Apple globally, by expanding its overseas business through the Belt and Road Initiative.
According to a July 15 report by market research firm Canalys Research, Samsung ranked first with 19 percent, Xiaomi second with 17 percent, and Apple third with 14 percent in global smartphone market share in the second quarter of this year.
During the Trump administration, Xiaomi was identified as having close ties to the Chinese Communist Party's military, and the company was placed on a blacklist by the Department of Defense on Jan. 14.
Xiaomi was among the 44 companies labeled as "Communist Chinese Military Companies" by the Pentagon.
The Biden administration officially removed Xiaomi from the list on May 12.
Keith Krach, a Silicon Valley veteran and former undersecretary of state for Economic Growth, Energy, & Environment, says the Biden administration should continue to crack down on Chinese companies such as Xiaomi and unite global strategic partners against these Chinese companies on cybersecurity issues.
Xiaomi's development is also leveraged to complement the CCP's global expansion strategy through the BRI. Back in 2018, Lei Jun, founder and CEO of Xiaomi, told Chinese and foreign journalists at the CCP's State Council Information Office that Xiaomi hopes to rapidly expand its overseas business through the BRI. As a delegate to the CCP's rubber-stamp legislature, Lei proposed the development of satellite internet and commercial space industries at meetings in 2019 and 2020, respectively.
Friday, July 30, 2021
Chinese Smartphone Maker Xiaomi Leaps to Second Place Globally as Biden Administration Removes It From Blacklist
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