Xiaomi asked the court remove it from a defense blacklist that bans Americans from investing in companies linked to the Chinese military.
Chinese tech giants typically focus on the consumer market. But their appetite for early stage investments in semiconductors is growing.
James and Elliott review the winners and losers of 2020, what they got right and what they got wrong, as well as the lessons they learned.
US investors will be prohibited from buying Xiaomi shares and will have to divest their holdings by November, according to the executive order.
Huawei is losing its status as a smartphone powerhouse in 2021, with a smartphone shipment forecast putting it in seventh place among global vendors.