LeTV to spread its wings in India with smartphones, TVs and cloud computing

Jia Yueting(third from left), founder and CEO of LeTV Holdings Co Ltd, poses in front of the 120-inch tele with invited celebrities for a picture on October 27, 2015 during the company's porduct launch event held in Beijing. [Photo provided to chinadaily.com.cn]

According to Mo Cuitian, LeTV's vice-president and Asia Pacific executive president, the company is working hard to prepare for the launch of its products in India.

"We are not excluding the possibility that assembly lines and R&D department will be built in India in the near future," said Mo. "We'll bring our innovative business models, including sales model such as customer planning to customer (CP2C), to the Indian market."

"For localized content building, such as web-casting cricket, we will possibly find local partners to jointly provide our services to Indian sports fans," said Mo.

LeTV currently has 600 content delivery network nodes around the world, as well as 10T bandwidth supported by LeTV Cloud, to satisfy soccer fans' demand for timely and smooth web-casting.

According to Jia, the company is planning to establish another 200 nodes in India and open cloud platform, user interface design and mobile application design to users and developers in India.