April 28, 2024 01:15 (IST)
Follow us:
Beijing / Delhi, Oct 29 (IBNS): Leading internet multinational Letv, announced its decision to enter the Indian market by early 2016, at the launch of Letv's latest products in Beijing.
The Beijing based company said that it would be looking at replicating its successful content-device ecosystem in the country, providing users with a whole new entertainment based experience.
Working towards providing Indian consumers with local entertainment based content such as movies and TV shows, the company said that it was looking at forging partnerships with local content providers and creators to create the first of its kind entertainment and content based ecosystem in India.
Letv will not only bring its exciting devices to the country, but also its impressive content based Eco User Interface that will provide consumers with access to Letv’s unique and world class content-device based ecosystem that has found great success in the Chinese markets.
Considering the Indian government’s invitation to international firms to set up manufacturing units in the country, the company further suggested that as a part of its long term vision, they would also be looking at setting up production lines as well as R&D centres in India.
At the launch event, Jia Yueting, founder of Letv, said, “Letv could enter into India by early 2016."
At Letv's launch event in Beijing, more than 7,000 guests, including industry leaders, opinion leaders and fans, witnessed the launch of Le 1S phone and the world's largest smart TV - a 120 inch Le TV.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
India’s export of premium-quality basmati rice up 22% till Feb 2024 Sat, Apr 27 2024
Small Finance Banks can now apply to become universal banks under the on-tap licesning norms: RBI Sat, Apr 27 2024
Difference Between Demat and Trading Account Fri, Apr 26 2024
SBI Cards Q4FY24 net profit grows 11% YoY to Rs 662.37 cr Fri, Apr 26 2024
Stock market opens in green with Nifty near 22,600 Fri, Apr 26 2024
Vedanta Ltd Q4FY24 net profit drops 27% YoY to Rs 1,369 cr Thu, Apr 25 2024
Swiggy gets shareholders' nod for $ 1.2 billion IPO Thu, Apr 25 2024
HUL Q4FY24 profit drops 6% YoY to Rs 2,406 cr Thu, Apr 25 2024