Watch out Samsung! China’s LeEco is coming for you with VIZIO buyout.

By Raymond Wong
July 26, 2016

If you've never heard of LeEco, now is a good time to become familiar with it. 

The Chinese company that has been called the "Netflix of China" has a foothold in multiple industries such as video streaming, consumer electronics and automobiles. And in a joint announcement Tuesday, LeEco said it would acquire Vizio for $2 billion.

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