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.