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U.S. Department of Defense Blacklisted DJI and BGI for Investment

Singapore’s primary Chinese language newspaper Lianhe Zaobao recently reported that, according to the U.S. Department of Defense’s (DOD’s) official website, the DOD is determined to identify and counter China’s “Military-Civilian Integration” strategy. This strategy is based on Chinese companies, universities and research programs that appear to be civilian institutions. Advanced technologies and expertise owned and developed by these agencies will in the meantime support the Chinese military’s modernization goals. Contributors to the Military-Civilian Integration strategy operate directly or indirectly within the United States. The U.S. Department of Defense will continue to update this blacklist. The list announced last June included Huawei and Hikvision. The new list just released has a total of 13 companies, including DJI and BGI. Basically, those blacklisted by the U.S. Department of Defense are China’s leading high-tech companies or colleges with strong influence. According to public information, DJI is headquartered in Shenzhen, China. As of October 2020, DJI had a market share of over 80 percent in the global civilian and commercial drone market, ranking first among all commercial drone companies. BGI was established in 1999 and also headquartered in Shenzhen, China. The company provides research services and comprehensive solutions for precision medical testing for medical institutions, scientific research institutions, and social health organizations through genetic testing, mass spectrometry testing, and bioinformatics analysis.

Source: Lianhe Zaobao, October 7, 2022