LeEco All Set To Buy US TV Company Vizio

Chinese Internet and innovation firm LeEco may acquire US TV company Vizio and is expected to have an occasion in the US to report this, the organization said on Friday. Vizio TVs are very prevalent in the US, LeEco said, attributable to their low price. The organization likewise offers sound bars, tablets, ultrabooks, and even smartphones along with its TV product.

If the deal goes well, LeEco may even wind up owning Vizio's plant in Mexico and can utilize it to deliver their own TV sets. The specialized expertise and the operations experience of Vizio will help LeEco in optimizing its abroad extension, an announcement said. The possible arrangement amongst LeEco and Vizio is likewise liable to positively affect the Indian business sector also.

Also Read: LeEco May Enter the US Market This Season

LeEco will look to utilize the collaborations procured through this purchase and pass it on to the Indian buyers.

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