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LeEco Mobile History

The LeEco Mobile Phone Manual PDF above the page.

 

LeEco, formerly known as LeTV, is only engaged in smartphones for a couple of years. However, few know that the company was founded in 2004.

 

At the moment, the holding company LeEco is very large, its capitalization is more than $ 30 billion. In the ecosystem LeEco includes smart TVs, smartphones and programs for them, smart bicycles, in 2018 promise to produce an LeSEE electric car.

 

The sale of "iron" is not the main source of profit. Of great importance is the provision of various services related to content, primarily - the display of video (from this company, in fact, began its journey) and streaming music. Monthly coverage of the audience is from 500 to 800 million people. The company has even a cloud computing service, what can we say about our own LeMall store and representative offices in other countries. In general, we have a sort of Netflix with the addition of Apple, Amazon and even the Tesla Motors, and Netflix started showing video on the Internet three years later.

 

By 2007, the company entered profit, and in 2008 the Le Vision Pictures studio was established. The latter receives good money from box office (one of the leaders of China in this indicator). For example, in 2012 the studio released 6 films and earned $ 102 million. The film "The Great Wall" with Matt Damon was shot, including by the forces of this studio.

 

In 2010, the company's shares began to be traded on the Shenzhen Stock Exchange. This is the world's first online video platform with a similar achievement and the only currently traded Chinese video platform on the exchange.

 

In 2012, the company introduced the first generation of smart TVs Le Super TV. There is an opinion that it was possible to do this due to Jia Yuethin's personal acquaintance with the head of Foxconn. The latter, as a result of negotiations, was still interested in the project of a smart TV with a developed ecosystem, so that the Taiwanese manufacturer took part in their production.

 

The year 2014 was marked by the creation of the LeSports division. His activities are connected with the broadcast of sports competitions, and the company has exclusive rights to display NBA matches and the right to many other sports programs. Then the company began work on a very expensive project SEE (electric car), and the founder of LeTV was recognized as the ninth largest man in China from the number associated with IT.