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China's LeEco makes $2bn push into US TV set business

Tin Mok, LeEco’s Asia-Pacific CEO, unveiling new products in Hong Kong on Tuesday. (Photo by Joyce Ho)

HONG KONG -- Beijing-based Leshi Internet Information & Technology, or LeEco, is boosting its presence in the U.S., paying $2 billion for the hardware and software businesses of U.S. television maker Vizio.

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