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News tagged LeEco
  • Last update: Friday 11 August 2017 [29 news items]

Compal recognizes losses of NT$2.9 billion from LeEco in 2Q17 financial report

Aug 11, 16:23

Compal Electronics has recognized losses of NT$2.9 billion (US$97.44 million) in its second-quarter financial results from bad debts from LeEco. Compal so far has lost NT$4.28 billion...

Ray Chen, Compal president

China market: Smartphone brands show polarized sales performances

Jul 18, 16:22

China and Taiwan smartphone vendors are showing polarized sales performances in China market, with smaller vendors such as LeEco and Asustek Computer gradually losing ground and leading...

Oppo's latest star model R11 is expected to score a new sales record of over 20 million units.

Taiwan component suppliers may suffer further impact from LeEco inventory problems, says paper

Jul 18, 15:58

With LeEco having recently stopped selling some of its smartphones on its online shopping website, several market watchers expect the company's upstream component suppliers to be...

Compal may need to declare NT$700 million loss in 2Q17 and 3Q17 due to LeEco debt, says paper

Jul 5, 22:14

With China having recently frozen assets of China-based LeEco and its founder worth of CNY1.2 billion (US$179.88 million), Compal Electronics, a major upstream partner of LeEco, may...

Taiwan ODMs consider suspending ties with LeEco

Jul 5, 14:00

Taiwan-based Compal Electronics is evaluating all possible situations in order to decide whether it will continue to cooperate with China-based LeEco amid the deterioration of its...

China market: LeEco assets frozen due to overdue loan payments

Jul 4, 16:11

A Shanghai court has frozen assets worth CNY1.237 billion (US$181.95 million) owned by Jia Yueting, chairman of cash-strapped TV vendor LeEco, his wife and three of its subsidiaries,...

Compal evaluating partnership with LeEco

Jun 22, 22:47

Commenting on its relationship with China-based LeEco, Compal Electronics president Ray Chen has said the company will complete an evaluation of LeEco at the end of June and will...

China market: LeEco CEO steps down

May 22, 14:15

Jia Yueting, chairman and CEO of China-based LeEco, has stepped down as CEO of the company but will retain his position as chairman, according to a recent stock exchange filing.

Commentary: Will Terry Gou consider acquiring Vizio?

Apr 25, 14:36

China-based LeEco claims it has been forced to abandon its planned US$2 billion acquisition of Vizio, the second largest US-based TV vendor, because of regulatory issues. Vizion will...

Compal becomes a strategic partner of LeEco

Mar 29, 14:15

In a move to protect the interests of its shareholders, Compal Electronics has announced a plan to invest CNY700 million (US$101.65 million) to take a 2.15% stake in Leshi Zhixin...

Compal president Ray Chen

China smartphone vendors conservative about placing component orders

Mar 10, 15:58

Competition in China's smartphone market is getting keener, forcing some players including Huawei, Xiaomi, Vivo and LeEco to turn more conservative about placing orders with upstream...

China market: Xiaomi, LeEco smartphone sales declining after price hikes

Mar 6, 12:17

China-based smartphone vendors Xiaomi Technology and LeEco reportedly have reduced their orders for parts and components recently as their smartphone sales have been affected by recent...

MediaTek to lag in 10nm-chip race, says paper

Newswatch - Feb 17, 12:37

MediaTek may suffer a setback in the ongoing 10nm mobile chip race as the Chinese-language Economic Daily News (EDN) has reported that Xiaomi Technology has decided...

WT Micro net profits fall 14% in 2016

Feb 9, 23:06

WT Microelectronics' net profits fell 14.3% on year in 2016 with EPS reaching a 3-year low of NT$3.61 (US$0.12), due mainly to the loss of accounts receivable from China-based LeEco...

WPG profits hurt by LeEco overdue payments

Feb 8, 10:46

IC distributor WPG has posted lower-than-expected EPS for 2016 due to unpaid accounts receivable for products shipped to China-based LeEco.

WPG 2016 profits affected adversely by uncollected accounts receivable

Vizio fined US$2.2 million for getting smart with consumers

Feb 7, 16:16

LCD TV vendor Vizio has agreed to pay US$2.2 million to settle charges by the US Federal Trade Commission (FTC) and the Office of the New Jersey Attorney General that it installed...

LeEco to receive investment from China-based Sunac for CNY15 billion

Jan 17, 11:34

LeEco has recently signed contracts with Sunac China Holdings for the latter to invest a total of CNY15 billion (US$2.17 billion) in the former to acquire a 8.61% stake in LeTV, a...

China market: Component order visibility weak from some smartphone vendors for 1Q17

Dec 30, 11:59

The visibility of component orders from some China-based smartphone vendors, notably Huawei, Xiaomi Technology and LeEco, for the first quarter of 2017 has become weak recently, according...

WT Micro says it is in talks with LeEco on delayed payment

Dec 5, 22:29

Taiwan-based IC distributor WT Microelectronics has indicated it is in talks with LeEco on unpaid accounts receivable, and expects to reach an agreement to collect them from the China-based...

LeEco to downsize personnel by 10%, say reports

Nov 30, 21:42

China-based over the top (OTT) operator and smartphone and LCD TV vendor LeEco will reduce its personnel by 10% from 8,000 employees currently to 7,200 to cope with financial troubles,...

Financially-troubled LeEco begins payment for accounts receivable, says Compal

Nov 24, 11:06

Compal Electronics, in response to media reports that its client LeEco has run into financial difficulties, has disclosed it has already started receiving payments from the China...

Coolpad warns of heavy losses for 2016

Newswatch - Nov 22, 14:09

China-based smartphone vendor Coolpad has warned that it expects to post a net loss of HK$3 billion (US$387.09 million) for 2016, a significant retreat from a net profit of HK$2.325...

LeEco enters US market

Newswatch - Oct 21, 15:47

China-based LeEco has announced it will enter the US market with products including LCD TVs, smartphones, virtual reality products, cars and bicycles and the company's entry is expected...

China market: LeEco launches new smartphone

Sep 22, 11:14

China-based LCD TV and smartphone vendor LeEco has launched its new Le Pro 3 smartphone and with the device, the company is expected to ship over 15 million smartphones in 2016, according...

LeEco Le Pro 3 smartphone

China market: LeEco set to launch new smartphone on September 21

Newswatch - Sep 19, 15:31

China-based LCD TV and smartphone vendor LeEco is set to release a new smartphone on a product event in Beijing on September 21, according to media reports in China. The vendor is...

Digitimes Research: LeEco acquires Vizio, Samsung Electronics poised to offer QLED TVs

Aug 8, 22:28

China-based OTT (over the top) operator LeEco will acquire a 100% stake in US-based LCD TV vendor Vizio in a bid to rank among the globally five largest LCD TV vendors, while Samsung...

HTC to face increasing competition in VR market in 2H16

Jul 26, 11:05

HTC is expected to face increasing competition from other brand vendors in the VR (virtual reality) market in the second half of 2016 as VR or AR (augmented reality) devices appear...

Vendors to launch smartphones supporting biometrics recognition

Jul 25, 12:27

Smartphone brands have been gearing up efforts to develop biometrics recognition technology, aiming to ramp up their market share with high-end models featured biometrics functionality,...

LeEco may make strategic investment in Vizio

Jul 14, 10:47

China-based online video service operator LeEco (renamed from LeTV) has launched own-brand smartphones and LCD TVs, and reportedly is looking to make a strategic investment in US-based...

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Global notebook shipment forecast, 2017 and beyond
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25-Sep-2017 markets closed

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TAIEX (TSE)10335.89-113.79-1.09% 

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