Just a couple of hours back we heard that Xiaomi Mi TV 3 was sold out in just 5 seconds. If you thought you were impressed with that figure, then take a look at LeTV. The company has just revealed that it sold over 550,000 LeTV 1S models within an hour!

The company had made 300,000 units available for purchase today. However, in under an hour, all the units were sold out. Further, the company continued to accept pre-orders for the device, which took the total to a staggering 550,000 sales within an hour. 

This particular company who just entered the smartphone industry has become one of the fastest smartphone companies in the world. With its premium smartphones priced aggressively, LeTV smartphones are known for their value for money quotient. The recently announced LeTV 1S is the best example of this.

After announcing the device back on October 27, the phone was finally available for purchase to customers today at 10 AM on JD.com. Given its great specs for just 1099 Yuan, its no surprise the company managed to sell so many units in just an hour.

The LeTV 1S features MT6795T octa-core chip clocked at 2.2GHz with 3GB RAM and 32GB of storage and 5.5-inch FHD 1080p display. At the back, there is a 13MP camera while up front, you will find a 5MP shooter. The 3000mAh battery with USB Type-C supporting fast charge up to 24W makes sure that the phone is capable of lasting for more than a day. Further, there’s fingerprint recognition along with the metal body making the overal package quite attractive for its 1099 Yuan ~ $173 USD price tag.

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