LeEco invests $7 Million for its smartphone manufacturing facility

LeEco has launched its first state-of-the-art smartphone manufacturing facility in Greater Noida in India.The facility has been set up at a significant investment of $5 million and a further $2 million has been earmarked for the automation process. LeEco has collaborated with Compal Electronics to set up this facility in the country. The ceremonial lamp lighting of the official launch of plant operations was commenced by Union Minister for Electronics & Information Technology and Law & Justice, Ravi Shankar Prasad in the presence of Atul Jain, COO, Smart Electronics, LeEco India.