With China having recently frozen assets of China-based LeEco and its founder worth of CNY1.2 billion (US$179.88 million), Compal Electronics, a major upstream partner of LeEco, may need to declare NT$700 million in bad debts in the second and third quarters, according to a Chinese-language Apple Daily report citing US-based market watchers.
from DIGITIMES: IT news from Asia http://ift.tt/2trFPzp
via Yuichun
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