The U.S market is filled with large tech giants such as Apple Inc. (NASDAQ:AAPL), Alphabet Inc. (NASDAQ:GOOGL) Google, Tesla Motors Inc. (NASDAQ:TSLA), Amazon.com, Inc. (NASDAQ:AMZN), Samsung and so forth. However, in the upcoming U.S debuts the Chinese tech giant, LeEco Vs. Apple amongst the other companies is expected to be quite the event.
During an event, which took place on Wednesday LeEco revealed part of the do-everything products that the company is responsible for in China.
How LeEco Vs. Apple amongst others seems to be the case
The first thing to consider LeEco Vs. Apple, and Samsung. The company provides its very own smartphone technology in the form of the Le S3, as well as the Le Pro 3 flagship phone. Various other products are also offered by the company, including smart-TV, and virtual reality headset.
In addition to this, LeEco illustrated a scenario of LeEco Vs Netflix, Inc. (NASDAQ:NFLX), this was done through unveiling their streaming service, EcoPass, which works in a similar fashion to Netflix. Of course, one cannot forget the music streaming service that the tech giant offers, which is called Lemusic.
In direct competition with Tesla, the company also unveiled various electric vehicles. One of which would be featured with complete ride-sharing capabilities. LeEco, also went over-the-top on what was expected through unveiling a bicycle, that has built-in headlights, laser side markers, GPS, Music Player, as well as a security system.
The reason behind LeEco revealing all of the products it offers in China
It is already clear, that in terms of normal, this tech event was far from what is normally seen. However, LeEco has announced the intention to incorporate market penetration in the U.S, which essentially means taking a share from all of the larger, more intimidating corporations.
The company has already opened an 86,000 square-foot headquarters. This is based in Sane Jose, California. Furthermore, LeEco stated that it already had hired former executives from companies such as Google, Samsung, and Qualcomm, Inc. (NASDAQ:QCOM).
Current Analysis, consumer products writer stated “LeEco is one of the most ambitious companies I have seen.”
Much to the dismay of CEO Yeuting Jia, the company ran into problems during the tech show. Jia explained on stage how the concept-car that they were planning to introduce took a side trip to London, for the new Transformer film. However, the technology that the company introduced makes it seem that LeEco Vs. Apple, Samsung, Google, Amazon and others, may be a partial success.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.