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Chinese smartphone maker LeEco not to exit India

Chinese smartphone maker LeEco not to exit India

Monday, March 20, 2017, 7:48 AM

Chinese electronics maker LeEco will focus on its TV business in the country and implement a new strategy to manage operations as the company goes through a cash crunch. We will not exit India but work out a smart strategy to manage operations in India. We will be cautious with our investment for now, Alex Li, group VP and India operating officer, said.
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