LeEco is Already Running Out of Cash as It Expands too Quickly

Less than a month ago, LeEco, a Chinese electronics, media, and car company, held a large press event in San Francisco to announce to the country that they had arrived. It was their big moment in which they trotted a bunch of former execs from other well-known companies, showed off a line of products ranging from phones to TVs to Android-powered bikes, and discussed their LeMall shopping experience where you would find those items through flash sales for rock-bottom prices. And then to kick off this week, their co-founder Jia Yueting sent out a letter to shareholders, essentially suggesting that the company expanded too fast and is running out of cash. Woof.  (more…)

LeEco Le Pro 3 Available Today at 10AM Pacific, Priced at $299 Until Sold Out

The Le Pro 3 from LeEco goes on sale via LeMall this morning at 10am Pacific (1pm Eastern). If you saw our unboxing and want to make a move for this device, there’s a few steps you need to follow to ensure you have the best chance of snagging one. As you might imagine, for a phone as nicely specced and priced as the Le Pro 3, a few folks will be attempting to get in on the action this morning.

The device features a 5.5″ FHD display, Snapdragon 821 processor, 4GB of RAM, massive 4,070mAh battery, 64GB of onboard storage, plus a fingerprint reader — all for the price of $299, thanks to a $100 promotional instant rebate.  (more…)

Video: LeEco Le Pro 3 Unboxing and First Look

The Le Pro 3 from LeEco is the company’s first big push into the US market, and from the buzz we have seen so far in the community, I would say they are doing a pretty good job at getting folks excited. Leading the LeEco charge is this smartphone, scheduled to go on sale November 2 for a special promotion price of only $299, which is $100 off its list price of $399.

The phone competes with the best of them in terms of specs, with the Pro 3 equipped with a 5.5″ FHD display, Snapdragon 821 processor, 4GB of RAM, 16MP rear-facing camera, 64GB of built-in storage, 4,070mAh battery, fingerprint reader, and LTE bands for support on any major GSM network in the US.  (more…)

LeEco Announces Le Pro 3, Snapdragon 821 and 4,070mAh Battery for $299

LeEco announced its entrance into the US market this morning in San Francisco, providing an extremely comprehensive look into its “eui” ecosystem and connected devices. While there was plenty of stuff announced, we will focus on the two smartphones LeEco unveiled, both of which will be available starting November 2 through LeMall, LeEco’s e-commerce web store.  (more…)