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'Chinese Netflix' takes on tech titans in US

LeEco prices its smartphones lower than rival models to entice people over to its ecosystem of online offerings

Published Thu, Oct 20, 2016 · 09:50 PM

    San Francisco

    A CHINESE Internet colossus, referred to as a combination of Netflix, Apple, Amazon and Tesla, announced on Wednesday it is taking on US tech titans on their home turf.

    LeEco is jumping into a fiercely competitive US smartphone market with LePro 3 and its "little brother" Le S3, pricing them lower than flagship models from rivals to entice people over to its "ecosystem" of online offerings. LePro 3 will be priced at US$399 and Le S3 at US$249 when they become available to US buyers at the company's LeMall.com e-commerce website on Nov 2.

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