China's Letv to sell streaming service, TVs, phones in U.S

By Lisa Richwine LOS ANGELES (Reuters) - Chinese company Letv plans to bring its smartphones and smart TVs to the United States later this year and to launch a video streaming service for Chinese-speaking Americans, the company said on Tuesday. "We need to take the key advantages we have built in China and translate them to other markets." For the new streaming service, Letv aims to create an offering similar to what consumers watch in China, the company said. The service will likely offer a mix of ad-supported, subscription and pay-per-view content as Letv does in China, Howard said.



via Tech News Headlines - Yahoo News http://ift.tt/1IHKe4D