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LeEco inks deal with Compal in India to make phones, invests Rs 50 cr
31-Aug-2016

Chinese company LeEco on Tuesday became the latest to set up a manufacturing base in the country through a contract-manufacturing partnership with Compal Electronics, as it aims to gain a bigger share of the growing demand for smartphones. As per plans, LeEco has signed a pact with Compal, which is also its global supplier to make 60,000 units a month now at the 2 lakh square feet facility set up in Greater Noida, near Delhi, LeEco COO Smart Electronics Business Atul Jain said.

News Source:- http://www.financialexpress.com/industry/tech/leeco-inks-deal-with-compal-in-india-to-make-phones-invests-rs-50-cr/362484/