LeEco (formerly LeTV) – Display Daily

What Bob Saw on the Net 08/05/2019

by Bob Raikes

Most days, our editor, Bob, spends some time looking around the net for news. Here are some articles and links that he thought worth sharing… (note that registration or subscriptions may be required!) NEC …

LeEco to Receive Investments from Several Chinese Firms

by Andrew Fenn

Beleaguered manufacturer, LeEco, will receive investments from several Chinese companies, including Tencent, JD.com, Lenovo and Suning, into its television business, according to Caixin. LeEco has been suffering from financial issues for some time. Chairman …

Tags:China| Investment| Large Display Monitor| LeEco (formerly LeTV)| Vol 25 - Issue 15

LeEco Failure Hits Truly Profit

by Bob Raikes

We have reported on the struggles of LeEco to survive (LeEco Still Struggling to Survive) and now Truly Semiconductor has said that it will have to right off $71 million because of a doubtful …

Tags:Financial Data| LeEco (formerly LeTV)| Mobile Display Monitor| Smartphones| Vol 25 - Issue 12

LeEco Still Struggling to Survive

by Bob Raikes

LeEco continues to struggle to survive, with some shareholders calling for Jia Yueting to use money that he has in other businesses such as his automotive interests, to payback some of their investments in …

Tags:Large Display Monitor| LeEco (formerly LeTV)| Mobile Display Monitor| Reorganisation & Restructuring| Vol 25 - Issue 04

LeEco Chairman Misses China Return Deadline

by Andrew Fenn

Following a period of financial uncertainty and legal struggles, LeEco chairman Jia Yueting has refused a demand from regulators to return to China. Jia is said to owe hundreds of millions of dollars in …

Vizio Takes Legal Action Against LeEco

by Andrew Fenn

Vizio has filed a lawsuit claiming $75 million in damages following the withdrawal of LeEco from a planned acquisition of the TV brand. Vizio said that LeEco has only paid $40 million from $100 …

Tags:Large Display Monitor| LeEco (formerly LeTV)| Litigation| Vizio| Vol 24 - Issue 26

LeEco Closing in US and India

by Bob Raikes

Chinese TV company, LeEco, which has hit financial trouble, has cancelled a plan to raise money via some bonds and has closed its operations in the US and India, laying off staff. In April, …

Tags:Large Display Monitor| LeEco (formerly LeTV)| Mobile Display Monitor| Reorganisation & Restructuring| Vol 24 - Issue 23

Compal Result 10/05/2017

by Jasmine Kang Sodha

Compal announced its FY17 Q1 result with consolidated revenues of NT$187.4 billion ($6.23 billion) and net profit of NT$1.1 billion ($36.5 million). The revenue was down 15% on a quarterly basis but was up …

LeEco Adds DirecTV Now App

by Alan Spencer

A new software update for LeEco 4K smart TVs has added DirecTV Now for Android TV. This is the first time that the DirecTV Now app has been available on a smart TVs. It …

Tags:Large Display Monitor| LeEco (formerly LeTV)| OTT Video| Smart TV| Vol 24 - Issue 18

LeEco Announces Initiative for US Chinese Community

by Alan Spencer

LeEco has announced a Chinese-market initiative to provide easy access to Chinese-language content seamlessly through LeEco’s open eco platform of products in the US. LeEco has built partnerships with many US Chinese TV stations, …

Tags:Large Display Monitor| LeEco (formerly LeTV)| USA| Vol 24 - Issue 15

LeEco Abandons Acquisition of Vizio

by Alan Spencer

LeEco, from China, has abandoned its $2 billion acquisition of US company, with Vizio blaming Chinese policy as the reason. A spokesman from LeEco, with businesses that stretch from smartphones to electric vehicles, has …

Tags:Large Display Monitor| LeEco (formerly LeTV)| Mergers & Acquisitions| Vol 24 - Issue 14

Compal to Partner LeEco

by Yvette Raikes

Compal is to purchase a 2.15% stake in Leshi Zhixin Electronic Technology, a TV-making subsidiary of LeEco. Compal will pay CNY700 million ($102 million) and Compal president, Ray Chen, says that this is to …

Tags:Compal| Large Display Monitor| LeEco (formerly LeTV)| Mobile Display Monitor| Vol 24 - Issue 12