LeTV acquires 18% stake in Coolpad for $350M

Chinese streaming firm Leshi Internet Information and Technology (LeTV) will acquire an 18 per cent stake in the country’s largest 4G smartphone vendor Coolpad, making it the second-largest shareholder after Data Dreamland. LeTV will buy over 780 million shares for around …

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China Unicom partners with Letv on bundled 4G smartphone

China Unicom and Letv have launched the Le 1 China Unicom edition 4G smartphone, which the operator will market through its online and offline channels. The new version comes bundled with a free data plan (6GB per month), text & …

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New Chinese smartphone player LeTV looks to users to drive product development

LIVE FROM CES ASIA, SHANGHAI: China’s LeTV aims to reverse the traditional approach to product development by looking at what its customers want, then moving upstream to find a solution rather than starting with innovation or technology and seeing how …

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Newcomer LeTV unveils three Android “Superphones”

Defying the consolidation trend in China’s smartphone market, first-time handset maker LeTV – better know as one of the largest online streaming firms in China – has joined the crowd and introduced three smartphones targeted at different market segments. The …

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