LeEco Planning Big Fall Launch in U.S.
Chinese technology firm and phone maker LeEco is in the midst of a hiring spree in the U.S., preparing to a make a big splash in the U.S. market in the fall, according to Todd Witkemper, LeEco Director of PR. The company plans to bring both phones and a video streaming service to the U.S. The company already offers streaming services with Chinese and Indian content, and phones for the global market. Its U.S. products will be distinct, targeted specifically at U.S. millennials. The company is currently negotiating with rights holders for U.S. video content — both recorded and live — to offer via its service, which will be featured in the interface of its phones. The phones will also support other, more established streaming services. The phones will be sold on the unlocked market. The company already has well over 400 U.S.-based employees, and aims to have 1,000 by the end of the year, spread across four west-coast locations. The company was previously known as LeTV, and made a splash with its Max Pro phone at CES, the first phone with the Snapdragon 820 processor. The company originally planned to bring the Max Pro to the U.S. early in 2016, but has refocused on this new strategy led by its U.S. team.
May 22, 2017
Jia Yueting, who founded China's LeEco, is cutting back on his responsibilities in order to help the company better focus on products. Specifically, Jia has stepped down as the CEO of Leshi, LeEco's main business unit.
May 23, 2017
LeEco today said it will largely erase its corporate presence in the U.S. as it refocuses its efforts here.
Apr 10, 2017
LeEco today said it has canceled plans to acquire TV-maker Vizio. The company first announced the $2 billion acquisition last summer.
Dec 14, 2018
Apple plans to issue a software patch to its iPhones to appease Qualcomm and Chinese authorities. Earlier this week, a Chinese court found Apple to be in violation of two Qualcomm patents pertaining to resizing pictures and managing apps with a touch screen.
Jun 7, 2018
Several members of Congress are posing questions about the relationship between Google, Huawei, and other Chinese companies. Senator Mark Warner, a democrat who serves on the Senate Select Committie on Intelligence, has sent Google a letter with a request for information about its relationship with Huawei.
Well good luck with that...
thank you, come again
"Its U.S. products will be distinct, targeted specifically at U.S. millennials. The company is currently negotiating with rights holders for U.S. video content — both recorded and live — to offer via its service, whi...
As long as the LTE bands are compatible with US carriers, many of the phone are quite comparable to what is already out on the US market.
I have a Gionee and not a problem with it. Bought it unlocked for under $400.
Rather than a 2 year phone contract with a carrier or paying over $500 outright for the phone, hopefully more selection drives the prices down.