Leshi, which started as a streaming media company in China, is struggling to retain subscribers and is working towards paying off billions in debt.
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A Shanghai court allowed the three-year freeze to take hold on assets owned by Jia Yueting, his wife and three LeEco-related firms.
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Financial troubles continue to burden the company's faltering expansion from China. A hardware ecosystem will fall away to content subscriptions.
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The Chinese electronics manufacturer is said to be going through withdrawal pains as a factor of its aggressive spending and financial misdirection.
The post LeEco pulls out of Vizio acquisition due to “regulatory headwinds” appeared first on Pocketnow.
Employees got checks today that were supposed to come in on Friday. It's the latest rumored development of many that put the company in bad shape.
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We know that LeEco will finally introduce itself to the US on October 19 and we know that the Chinese company will have an ecosystem of lifestyle technologies it has to build out. But we now are told that at two of the six products it will launch that Wednesday will be smartphones.The LeMall US site had apparently published the pages of six products before they were to be ...
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iOS 9.3 may have done Apple’s software reliability in for this quarter, at least according to Blancco Technology Group.The firm has been tracking device failure rates for some time now and this is the first quarter where iOS fails outgrew Android ones. How badly? Proportionally to each side, iPhones had a 58 percent fail rate as compared to 35 percent for Android. Blancco blames this on tweaks made iOS 9.3.1 and x.2 as both ...
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If you’re still wondering how it might be possible for an Android handheld manufacturer to realistically predict 100 million unit global shipments without much of a presence in many key European markets or the US, Counterpoint Research should give you a solid clue.According to the firm’s latest “Monthly Market Pulse”, OPPO claimed a big domestic win for the month of June not only in offline sales, but overall ...
The post OPPO just won its first ever month in China smartphone sales, Huawei settled for silver appeared first on Pocketnow.
This week has come up to be an unexpectedly busy one.Tomorrow, the Nubia Z11 finally launches. Two days after and we’re dealing with the vivo X7. Right in the middle on Wednesday, though, we have what LeEco is teasing to be your next “hero” smartphone. And we have a supposed sneak peek, thanks to Chinese social ...
The post What may be Le Max 2 Pro gets leaked with dual-camera ports, Snapdragon talk appeared first on Pocketnow.
We talked with LeEco — formerly LeTV — yesterday about how things currently are for its teams. Why were they doing a smart bike? An electric vehicle? How are things going in Asia? And, importantly to us, where is the company at in the US?Off the record, a marketing director told us that the company is building up ...
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As soon as the exhale ended from the OnePlus 3’s standardizing of 6GB of RAM (plus the other device launches that never really got outside of China), we find ourselves holding our collective breath once again. This time, LeEco might be making the next move.In fact, LeEco may be pushing the borders on several fronts with an unnamed phone similar to the Le Max 2 —
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Sure, LeEco may have announced the Le Max 2 in April with all the bells and whistles of these 6GB of RAM. But we’ve had to wait a little while before the company was able to make any of that hunky goodness available to us.Well, pre-orders have started lighting as the 6GB RAM and 64GB storage option has on LeMall.com. It’ll take a few weeks yet before phones ...
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As LeEco continues to evolve and expand its mobile presence globally, it’s also tweaked around its phones a whole bunch. But we haven’t seen a shift in its silicon like this one from the artist formerly known as “LeTV“.A phone similar to
The post Another Le 2 passes through TENAA as LeEco’s first Exynos phone appeared first on Pocketnow.
Is it still fair game to call Xiaomi a startup? It’s had the typical meteoric rise that successful firms have had and it’s getting out of its first major rut in sales with the release of a new flagship or
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Talk might be cheap, and insulting Apple for its recent lack of innovation, product lineup rigidity and datedness seems to have become a rite of passage of sorts for China-based tech companies aspiring to global relevance.Then again, actually pursuing one’s American dream can sure be costly and perilous for one’s comfortable domestic financial stature, so believe in LeEco or not, you have to admire the Chinese entertainment giant’s foreign risks and investments.After announcing they’ll ...
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