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Rumour Mill: LeEco Falling Out with Qualcomm and Mediatek?

by Habeeb Onawole 2

By now everyone must have read about LeEco’s financial woes. Rumours going round presently are saying the company is having issues with unpaid contractors. Some of those contractors are chip makers, Qualcomm and Mediatek.

LeEco

The source has said that LeEco’s inability to pay outstanding debts to both companies have led to a suspension of orders for Qualcomm’s Snapdragon 625 chip and Mediatek’s Helio P20 processor.

According to the source, Mediatek’s decision not to supply the Helio P20 processor has deprived LeEco of being the first manufacturer to release a phone sporting the new chip.

An insider at LeEco has however responded to the rumours, saying they have no issues with any of the chip makers and their relationships are not strained in any way. The source also said that they do not plan to launch any phone with a Snapdragon 625 chip neither do they have any Helio P20 device in the pipeline.

READ MORE: Dual Camera LeEco X850 with SD 821 and 5.7” Screen Gets Certification

In addition to the above, the source mentions that LeEco’s sales have reached 17 million units and they expect it to reach 20 million possibly before the year runs out.

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  • Tommi

    LeEco Le Pro 3, best Android Antutu scores (164K, OP3T goes around 162K by some reviews test), but LeEco itself is in not that good spot.

  • It doesn’t make sense.
    LeEco have never used mir-range chips like Helio P-series or SD61x,62x.
    They will use the new Snaprdragon 660 and X30, as they do not have a mid-range products to put those chips in. They cater to the Flagship Killer and Mid-High end segment,
    and did so since the first Le1 series(X10/SD810), Le 2(X20/SD652/SD820) and Le 3 (X25/SD821).
    So, I call this bogus, as LeEco definitely have the cash to buy their chips.