DJI Appeals Court Ruling
DJI, a Chinese tech firm and US market leader in ag spray drones, is appealing a court ruling that upholds the Department of Defense's characterization of the firm as a "Chinese military company."
According to DJI, the designation has caused financial and reputational harm, as it is "branded as a national security threat."
As a result of the designation, which branded it as a national security threat, DJI has suffered financial and reputational harm.
Definition of a Chinese Military Company
A Chinese military company is defined as one that is directly or indirectly owned, controlled, or otherwise linked to the Chinese Communist Party; contributes to China's "military-civil fusion industrial base," and engages "in commercial, manufacturing, production, or export activities."
- Directly or indirectly owned, controlled, or linked to the Chinese Communist Party
- Contributes to China's "military-civil fusion industrial base"
- Engages in commercial, manufacturing, production, or export activities
Being added to the '1260H List' does not prevent firms from operating in the US, but it effectively blocks them from securing federal contracts and can cause reputational damage.
Author's summary: DJI appeals court ruling over "Chinese military company" designation.