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(10) ICTS covered holding entity.—The term “ICTS covered holding entity” means any entity that—

(A) owns, controls, or manages information and communications technology products or services; and

(B)(i) has not less than 1,000,000 United States-based annual active users at any point during the year period preceding the date on which the covered holding is referred to the President; or

(ii) for which more than 1,000,000 units have been sold to persons in the United States before the date on which the covered holding is referred to the President.

(11) Information and communications technology products or services.—The term “information and communications technology products or services” means any hardware, software, or other product or service primarily intended to fulfill or enable the function of information or data processing, storage, retrieval, or communication by electronic means, including transmission, storage, and display.