LeEco hasn’t released a new phone in months due to its financial mess, so its no surprise that its competitors have overtaken it. Nevertheless, some of its older products are still worth picking up and you won’t be hard pressed to find some on sale.

Cafago has the Le S3 for just $133 which seems like an impressive deal seeing as it launched for $249 for the Snapdragon 652-powered 3GB RAM +32GB model in the US. This version is the 4GB RAM + 64GB ROM model and it ships from China.

The Le S3 has a 5.5-inch 1080p display. It is powered by the Helio X20 processor which is clocked at 2.3GHz. The device packs a 21MP rear camera and an 8MP front facing camera. Both sensors should more than suffice and produce decent shots.

There is a 3000mAh battery under the metal body with support for Quick Charge 3.0. The Le S3 has dual Sim slots (nano only), a rear mounted fingerprint scanner and a USB type-C port that is also used for audio output since the phone doesn’t have a headphone jack.

READ MORE: New LeEco Phone Seen At Chinese Patent Office

Compared to the more recent smartphones, the Le S3 runs Android 6.0 Marshmallow which is old but still in exisitence. So bear in mind that you may be stuck with that version of Android.

The Le Pro S3 is available in only Gold and costs $132.98. There are limited quantities available, so hurry if you want to grab the deal.

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In China, an advertising agency named Jinyuan Technology has sued LeEco for failing to pay its marketing fees. This further puts more doubt on the financial condition of the company.

The Chinese ad agency has accused four affiliate firms of LeEco for non-payment of marketing fees of over 60 million Yuan ($8.8 million). LeEco has been sued by MIG Unmbi Technology, the parent company of Jinyuan Technology. The People’s Court of Chaoyang District in Beijing has accepted three of the five cases that has been filed against LeEco.

The court’s statement requires LeSports, Leshi Holding and Leshi E-commerce to initiate prompt payment along with a penalty of 0.05 percent per day interest. For the remaining two cases Jinyuan Technology has not received acceptance from the court. According to the statement, the ad agency is seeking 13.8 million Yuan as immediate payment from Le.com

Read More: LeEco CEO Jia Yueting Steps Down Amidst Financial Troubles

The reason behind the delay in payment is that the promotional campaigns finished at the end of 2016. This coincided with the first confirmation by LeEco founder Jia Yueting that the company is facing financial problems as it tried to expand outside of China at breakneck pace. In the previous month, LeEco laid around 325 workers in San Jose and Santa Clara divisions in the U.S. It means that about 70 percent LeEco employees in the U.S. were laid off. Reports claim that it is due to the lack of funds that the Chinese firm has laid off so many of its employees. The company is now targeting Chinese-speaking consumers in the U.S.

LeEco began in China as a video streaming platform and it has been also selling smartphones and TVs through which it makes its original content available to the consumers. it is also developing electric cars. In May, Yueting has resigned from the post of CEO from Leshi Internet Information & Technology and is currently only serving as the chairman of LeEco.

LeEco had introduced itself in the U.S. in 2016 with Android TV, LeEco Le Pro 3 and Le S3. These products managed to grab the attention of the consumers as they came with low pricing and topnotch features, but the company failed to achieve impress sales numbers. Sunac China Holidings, a property developer had injected huge amount of funds to support LeEco. However, now that the company has defaulted in advertising charges to Jinyuan Technology, it is still in a financial mess.

(source|via)

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LeEco has been aggressively releasing new smartphones with killer specs in the two years that it has been in the market. The company recently released the Le Pro 3 and Le S3 models in the US and it looks like in November, it will announce another device, this time in China. Now, the phone seems to have hit the AnTuTu benchmarking app, revealing most of its specifications.

AnTuTu reveals that the phone will be called as the Le S3 (yes, the same name as the one launched in the US but with different specs). The phone will come with the Helio X20 chipset (MT6797) with a 1080p display (size unknown) and Android 6.0 Marshmallow on top. The rear camera is a 21MP sensor while up front, there is an 8MP sensor. The phone seems to be pretty powerful, with 4GB RAM and 64GB ROM options. The app revealed that the Le S3 managed to score around 95,000 in the benchmark test.

RELATED: LeEco LESEE Pro Electric Car Launched In the US

To recap, the Le S3 model announced in the US came with Snapdragon 652, 3GB RAM and a 16MP camera. So, this model seems to be different.

Another interesting highlight, which is yet to be confirmed, is the pricing. It is said that this phone will be targeted at the 1000 Yuan market, so the pricing should be near $150. Also, the phone is said to come with a 24W fast charging technology, which should ensure super fast charging speeds.

Now, if you remember, there has been a phone making rounds on the internet, called as the Le Dual 3. If you still can’t recall the device, I am talking about the AI phone with the funny looking dual camera module. The Le S3 and this Dual 3 seem to be different devices, although they could be launched together in an event.

We are waiting for more details to emerge about the company’s event, which is said to be in this month itself.

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