LeTV rumored: TV did not stop production, negotiating new foundries

On August 30, 2017, it was said that "The rain is coming to the building", this statement is perfectly appropriate for LeTV. Since the explosion of the capital chain issue last year, LeBron, once blindfolded, has fallen into a controversial endgame.

Not long ago, Foxconn suddenly withdrew from LeTV. At one time, LeTV was caught in rumors of suspension of production, and LeTV’s life and death issues were exposed to the public.

Although the addition of Sunac Financial and the new LeTV under Sun Hongbin’s control are speeding up the development of a new plan to achieve profitability, and establishing the new main business, the stability of the TV screen, is the top priority. But then again, due to the financial status of the related parties of the LeTV system, the new LeTV that Sun Hongbin is in charge of is probably not alone. Sure enough, according to the recent semi-annual report released by LeTV, the first half of the loss reached 637 million yuan, down 323.91% year-on-year.

We all know that in 2013 Jia Yueting took advantage of the opportunity of the electronic video industry association to visit Taiwan and successfully persuaded Gou to be a TV OEM and even signed an exclusive agreement with Foxconn. According to the agreement, Chairman Guo Jianming of Foxconn could no longer manufacture smart TVs for other Internet companies in Mainland China. Today, how does Leighter Jia Yueting impress Foxconn Gou and invest in him and get an exclusive agreement? That is really a mystery. But what is certain is that, at that time, LeTV, who had no name in the TV field, wanted to move Foxconn to supply it. After all, Foxconn found that most of its OEM customers were Apple, Sony, Microsoft, and Amazon....

However, what is surprising is that this honey was only held for more than four years. LeTV was deeply immersed in the vortex. Foxconn took advantage of Sharp's self-reliance to see how it all seemed to be parting ways. LeTV, Foxconn downtown, LeTV stopped production, it sounds good.

However, relevant people in LeTV said in an interview with the “Securities Daily” reporter: “The rumors about LeTV’s complete discontinuation of production are not true. Currently Foxconn has stopped giving OEM products, but LeTV has never stopped production. Time production has been reduced."

In addition, the informed source also revealed: "Actually, LeTV has never stopped cooperation with foundries. After Foxconn's withdrawal, there are four factories for LeTV's foundry and are currently negotiating new foundries." It is understood that At present, LeTV has four foundries, namely TPV, Yichang, TCL, and Zhongqiang. After this round of talks, LeTV will re-introduce 2 to 3 TV foundries and eventually TVTV may increase to 7 Family.

Since the emergence of the music crisis as music, all kinds of "trouble" have come one after another, and how to get out of the predicament has become the biggest test of music. Jia Yueting stepped down and LeEco saw the new head of the listing system. It looked like a ready-made posture. It was a trick.


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